Type: Debt
Target: $1,500,000
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 6/11/2024 | 05/28/2024 | 11/27/2024 | 184 days | Prepaid Dividend *2 | |
Second | No Later than 12/12/2024 | 11/28/2024 | 05/27/2025 | 181 days | Prepaid Dividend | |
Third | No Later than 06/11/2025 | 05/28/2025 | 11/27/2025 | 184 days | Extension Option Owned by Developer | |
Fourth | No Later than 12/12/2025 | 11/28/2025 | 05/27/2026 | 181 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 a minimum of 6 months of dividend; dividends will be calculated in terms of days till Borrower repays the loan.
*3 After the second 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.newempirecorp.com/
Prior Cooperation: CrowdFunz Fund 604 / CrowdFunz Fund 805 / CrowdFunz Fund 819 / CrowdFunz Fund 826 / CrowdFunz Fund 828 / CrowdFunz Fund 832