Offer:
Investments in secured lending to the financial company Gelexi Finance LLC, Royal Standard Group TM at 36% per annum in UAH with a monthly payment in the form of an investment loan or equity participation.
Product:
The company deals exclusively with lending secured by cars (up to 70% of the value) and real estate (up to 50% of the value) on average at 42-102% per annum.
About company:
- we have been working on the lending market since 2012
- TM "Royal Standard Group" was registered in 2017
- the financial company Gelexi Finance LLC and the closed corporate investment fund Kvirynal were registered in 2018
- there are 2 licenses – for the provision of loans, including on the terms of a financial loan and for the provision of financial leasing services – order No. 1790 dated 09.10.2018
- 2 branches were opened – Kyiv and Odessa, we provide loans in all the regions of Ukraine
- the staff of the company is 30 people.
- audited by a financial company for 2018 and 2019
- loan portfolio as of 01.03.2020 – UAH 37,641,636
- issued on credit to borrowers in 2019 – UAH 39.3 million
- proceeds from the return of the principal amount of loan from borrowers in 2019 – UAH 14.9 million
- complete absence of bad debts as of the end of 2019
- paid in the last 11 months for an investment loan – UAH 6,504,975
- we are members of the Union of Ukrainian Entrepreneurs (SUP), Association of Financial Institutions (AFI), we are partners of NAIS, YouControl
- the security of the company and the financial solvency of the portfolio is ensured by its own security company "RSG Security"
Reputation:
In the entire history of the company, there has not been a single actual or legal dispute regarding non-payment or non-return of funds to investors
Brief advantages of the product on the lending market:
- hryvnia without reference to the dollar
- first month loan at 0.1%
- speed of receiving money: 59 min – car, day to day – real estate
- registration cost – only a notary (gps equipment for cars)
- loan term is not limited, repayment is possible at any time
- the principal of the loan is not obligatory for maturity, interest is charged on the balance
- non-cash form of obtaining and repaying a loan
- regulated by the National Commission of Financial Services – all the contracts are checked and approved by the regulator
- we carry out activities within the framework of the Laws "On Consumer Lending", "On Financial Services and Regulation of the Financial Services Market", "On Protection of Consumer Rights"
Loan portfolio:
- loan portfolio as of 01.03.2020 – UAH 37,641,636
- the approximate market value of collateralized objects in the loan portfolio as of 01.03.2020 – UAH 78,963,138
structure:
- car at work – 45.43%
- car at the parking lot – 5.06%
- real estate – 49.51%
solvency as of March 1, 2020:
- overdue up to 30 days – 6.6% – UAH 2,351,731
- overdue up to 60 days – 2.4% – UAH 849,269
- overdue up to 90 days – 0.3% – UAH 110,000
- overdue more than 90 days – 0.4% – UAH 150,000
average loan amount secured by:
- car at work – UAH 93,311
- car at the parking lot – UAH 112,963
- real estate – UAH 215,764
average cost of collateral:
- car at work – UAH 186,622
- car at the parking lot – UAH 141,204
- real estate – UAH 616,469
Risks and guarantees:
- the value of the collateral does not cover the amount of the debt – since we do not focus on the maximum loan amount from the value of the collateral, but on the real needs of the borrower and his/her solvency – each hryvnia of investment is secured by at least 2 hryvnias of "hard" collateral, which will be sold in case of non-payments, since we have pre-trial collection, which allows us to sell the pledged object within several months, or even immediately after the delay, while most of the unpaid loans are closed by voluntarily selling the pledged objects in order to obtain the difference between the amount of debt and the value of the object (in the structure of the credit of the company's portfolio there are no unsecured loans at all)
- fraud on the part of the borrowers – to prevent fraudulent actions on the part of the borrowers, a proprietary scoring system has been developed, which makes it possible to exclude the possibility of issuing funds to a fraudster based on the results of a set of checking procedures (details are available at the meeting)
Rates:
legal entity:
1.from UAH 500,000 – average annual dividends before taxation – 36%
physical entity:
1.up to UAH 1,827,000 – average annual dividends after taxation – 24%
2.from UAH 1,827,000 – average annual dividends after taxation – 32%
Information disclosure:
The company prepares and publishes the company's financial statements on a quarterly basis on the website – https://rsg.ua/about/raskrytie-informatsii, which also discloses the ownership structure, audit reports, contracts for providing company’s services, etc.
Output:
- these investments are interesting for the company from 1 year, since the cycle of their use in lending secured by cars is 6 months, and in real estate for several years. Therefore it is interesting for us to work with funds for a long-term, as we are working on constant expansion and expansion of demand for credit products increasing all the time the volume of the loan portfolio – we consider cash as objects that we lease out – our task is to rent out as many objects as possible for as long as possible – providing you with stable passive income.
