Credory

Credory was founded by a few Estonian real estate and banking experts. At present, Credory provides commercial loans to SMEs based in Estonia that are collateralised with real estate.

Credory solely issues real estate loans, which tend to fall into three distinct categories – business loans for expansion purposes, loans for small real estate developments, and bridge loans for real estate transactions. Credory’s loans can vary in size, ranging from €25,000 to €500,000, with the average loan valued at €100,000. In terms of length, Credory primarily issues loans with a term of six to 24 months, although the average duration across the entire portfolio tends to be approximately 15 months.

As Credory’s average Loan-to-Value ratio is less than 65%, this highlights the secure nature of the company's investment products. In addition, the default rate on these loans currently sits at 0%.

Loan originator Country Buyback obligation Group guarantee Loans listed at Lendermarket* Skin in the game Operating since Average interest rate at Lendermarket

CountryEstonia
Buyback obligation Yes
Group guaranteeYes
Loans listed at Lendermarket*101,650 €
Skin in the game5%
Operating since2020
Average interest rate at Lendermarket8.4%

About company

Credory was founded by a few Estonian real estate and banking experts. At present, Credory provides commercial loans to SMEs based in Estonia that are collateralised with real estate.