Crowdestor Review

Description

Crowdestor is a business crowdfunding platform from Estonia. As an investor you can fund small and medium enterprises, sustain their growth or restructure their debts. The plattform does not work with loan originators. You need to pick your investments yourself. Most projects are from the Baltics, but not only. Although returns are high, auto-invest and diversification is missed. Crowdestor is considered very high risk and opinions diverge about this platform. On one hand it has a considerable fan base and active community. On the other hand, many investors complain about extremely risky and often unsuccessful projects. We only recommend experienced investors to get started with this platform and see it as an experimental choice. In our opinion risk overweights profit. But this should be finally up to personal judgement.

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Rating

⭑⭑⭑ ⭒ ⭒

3.3

based on 7 ratings

Key Facts

Investment Structures	Direct (peer-to-peer)
Originator Types	Peers
Investing Into	Business Loans, Real Estate
HQ Country	Estonia

Investments

Interest Rates	9.50% – 28.00%
Number of Originators	1
Number of Countries	4
Currencies	EUR
Minimum Investment	50 EUR

Statistics

Average Net Return	20.45%
Total Loans Funded	n/a
Loans Outstanding	n/a
Loans Current	n/a
Loans Late	n/a
Loans 1 To 15 Days Late	n/a
Loans 16 To 30 Days Late	n/a
Loans 31 To 60 Days Late	n/a
Loans 60 Plus Days Late	n/a
Loans Defaulted (In Recovery)	n/a
Loans Defaulted (Recovered)	n/a
Loans Defaulted (Written Off)	n/a
Investors	21,856
Average Amount Per Investor	n/a
Principal Returned	n/a
Interest Earned	n/a
Late Fees Earned	n/a

Features

Auto-Invest	Not available
Manual-Invest	Available
The only way to invest on crowdestor is via manual invest.
Secondary Market	Available
As of January 2021, crowdestor charges a fee of 2÷ fee for sales on the secondary market.
Instant Cash-Out	Available as: Crowdestor Flex
In July 2021, crowdestor launched crowdestor Flex – a new investment product where they promise stable 12÷ returns accredited daily to the investor's account. Many could be paid out instantly. Already in August 2021, crowdestor stopped advertising the Flex feature. Access is not possible anymore. Reasons mentioned within the P2P community were that offering such product would be conflicting with financial regulations, as they would offer a sort of deposit account being rewarded with interest.

Risk & Security

Buyback Guarantee	Available as: provision fund, warranty fund
Partial buy-back guarantee may be applied through a warranty fund ("provision fund").
Payment Guarantee	Not available

Rating System	Available as: Credit Scoring
Crowdestor applies a mathematical risk scoring to the companies that you can invest into. It considers comprehensive data points from a third party provider. The result of the risk score determines whether an investment is considered for funding, or gets rejected.
Due Diligence	Available as: Key Metrics
For each investment project, crowdestor provides a "key metrics" sheet. It contains data of: company rating, company score, personal score, probability of default, loss given default, expected loss, reasons for rejection, things to improve, estimated funding time
Skin in the Game	Not available

Collaterals	Personal Guarantee, Business Guarantee
Maximum Loan To Value (LTV)	n/a

Crowdestor – is it a match?

Disclosure

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