Debitum Investments has added Juno Finance as a brand new mortgage originator on the platform.

From as we speak (17 April) buyers on the Debitum Investments platform can entry a variety of notes issued by Juno Finance.

Funding phrases vary between six and 24 months, with rates of interest of between 13.5 per cent and 15 per cent every year.

Based in 2023, Juno Finance is a subsidiary of the joint inventory firm Juno.

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Juno has been centered on growing Latvia’s forestry and agriculture industries since 2016. Its mission is to boost the long-term worth of forest belongings in Latvia by delivering session and companies.

“We imagine that our collaboration with Juno Finance not solely broadens the scope of funding alternatives on our platform but additionally aligns with our imaginative and prescient of supporting sustainable enterprise practices that contribute to financial development,” Debitum wrote in a weblog submit asserting the brand new originator.

In 2023, Juno Property, one other subsidiary of Juno, inked an settlement with Baltic personal fairness administration agency Invalda.

Mundus Bridge Finance, a non-public debt fund of INVL, signed a €7m bond program with Juno Property. This program helps Juno Property’s strategic initiatives to amass and broaden forest and agricultural land, extending its operations internationally.

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The bond program, which shall be executed in tranches, noticed Mundus Bridge Finance buying €2m value of bonds on the settlement signing, with plans to buy the remaining bonds later.

Juno Finance operates as a non-bank lending establishment that gives financing to small and medium-sized enterprises in Latvia, significantly these within the forestry and agriculture sectors. Investments are secured by industrial pledges, mortgages, and different types of collateral, enhancing the security of your investments.

Debitum mentioned Juno’s integration with its subsidiaries allows Juno Finance to handle and course of loans effectively, sustaining profitability even with smaller portfolio volumes.

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