Type: Debt
Target: $3,000,000
Annual Return: 8.50% - 8.75%
Min-invest Amount: $10,000
Duration: 6 – 24 Months
Expected Dividend Calendar | ||||||
---|---|---|---|---|---|---|
Round of Dividend | Dividend Date *1 | Counting Date | Ending Date | Dividend Period | Notes | |
First | No Later than 1/10/2024 | 12/27/2023 | 06/26/2024 | 183 days | Prepaid Dividend *2 | |
Second | No Later than 7/11/2024 | 06/27/2024 | 12/26/2024 | 183 days | Extension Option Owned by Developer *3< | |
Third | No Later than 1/10/2025 | 12/27/2024 | 06/26/2025 | 182 days | Extension Option Owned by Developer | |
Fourth | No Later than 7/11/2025 | 06/27/2025 | 12/26/2025 | 183 days | Extension Option Owned by Developer |
*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 at least 182 days of dividends. After 6 months, 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: Leeboy Group.
Developer Website: https://www.leeboygroup.com/
Up Coming.
Up Coming.