Type: Debt
Target: $3,300,000
Annual Return: 8.50% - 8.75%
Min-invest Amount: $10,000
Duration: 12 – 18 Months
Expected Dividend Calendar | ||||||
---|---|---|---|---|---|---|
Round of Dividend | Dividend Date *1 | Counting Date | Ending Date | Dividend Period | Notes | |
First | No Later than 10/1/2024 | 9/20/2024 | 3/19/2025 | 181 days | Prepaid Dividend *2 | |
Second | No Later than 4/1/2025 | 3/20/2025 | 9/19/2025 | 184 days | Prepaid Dividend | |
Third | No Later than 10/1/2025 | 9/20/2025 | 3/19/2026 | 181 days | Extension Option Owned by Developer*3 |
*1 In case of holidays and non-working days, the dividend date will be automatically postponed to the next working day.
*2 Investors will receive a minimum of 6 months of dividend; dividends will be calculated in terms of days till Borrower repays the loan.
*3 After the first dividend period, Borrower owns 2 extension options, and investors will receive dividends accordingly at the same dividend rate.
Developer Company: New Empire Corp.
Developer Website: https://www.greatstoneny.com/
Prior Cooperation: CrowdFunz Fund 804 / CrowdFunz Fund 807 / CrowdFunz Fund 809 / CrowdFunz Fund 812 / CrowdFunz Fund 818 / CrowdFunz Fund 822 / CrowdFunz Fund 823 / CrowdFunz Fund 617 / CrowdFunz Fund 827 / CrowdFunz Fund 841 / CrowdFunz Fund 843