FAQ

FOR BORROWERS

Which companies can submit loan applications on the platform?

The FinoMark platform provides loans to small and medium-sized businesses. In order to submit a loan application on our platform, a company, company or other legal entity must meet the prescribed requirements.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-24

How to submit the company's bank statement for evaluation?

FinoMark evaluates company statements. They can be submitted through the SIP functionality or by uploading statements in .xml format for the past year.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-24

How long does it take to receive a response to a loan application?

FinoMark strives to provide an initial response to a loan application within one business day of completing the application and submitting all required documents

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-24

Why is a loan appraisal fee required?

This fee is necessary so that FinoMark can assess your possibilities as a legal entity to receive and return the funds invested in your project.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-24

How to apply for a business loan?

Click "LOANS" at the top of the page and you will be redirected to the initial application form.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-24

How long does it take to fund projects on the stock exchange?

Funding projects on the stock exchange usually takes from a few days to two weeks.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-24

How to make monthly payments?

After logging in to your FinoMark account in the "Repayable loans" section and clicking "PAY" or using e-mail link provided in the letter, you will be able to easily make the payment through the bank of your choice.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-06-14

FOR INVESTORS

How to open NEO Finance e-mail money account?

To do this, log into the Loan Club platform managed by NEO Finance and select the registration option "For Investors".

Read more

Posted by
Emilija Poškonienė
Updated at 2024-08-12

Can a legal entity invest?

Yes, of course. A legal entity can invest on our platform.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-24

What is automatic investing?

The automatic investment feature allows the investor to set investment rules in advance.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-08-12

How does FinoMark select projects financed on the stock exchange?

Each project must meet strict credit and reputation criteria to ensure a return on investment for investors.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-08-12

What are the benefits of crowdfunding for an investor?

Crowdfunding of business brings income to the investor.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-08-12

What is a "Trusted partner"?

Trusted Partner: “A client with an active or repaid loan who makes payments on time and maintains a sustainable and reliable relationship with FinoMark.”

Read more

Posted by
Emilija Poškonienė
Updated at 2024-10-09

How to transfer funds to/from NEO Finance account?

After linking the NEO Finance account to the FinoMark platform, fund management and transfers must be done through the Loan Club space managed by NEO Finance.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

Is a money transfer paid from a NEO Finance account?

To know more about NEO Finance service rates and possible fees, you can visit their official website.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

How to join the FinoMark investment platform?

To connect to the FinoMark investment platform, click the "JOIN" button on the right side of the page.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-24

How to link a NEO Finance account to the FinoMark platform?

Log in to your FinoMark account and proceed to the account verification stage. In the linking step, you will be directed to the NEO Finance space. Follow the instructions and connect your account in a few clicks.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-24

What is the minimum amount I can invest?

The minimum investment amount is only 25 EUR.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

Can several different persons invest on behalf of a legal entity?

Of course. In order for several different persons to invest on behalf of a legal entity, the main account holder of the legal entity must add additional representatives on the FinoMark platform.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

How to use automatic investing?

Automatic investing is very easy and convenient to use. You can find the instructions by clicking "More".

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-24

What safeguards apply to projects financed on the platform?

Security measures and their scope depend on the value of the project, credit rating and other criteria.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

What do the two different ratings of Project Owners show on the exchange mean?

FinoMark cooperates with the data analysis company Scorify, which, using scientific econometric and artificial intelligence methods, analyzes the indicators of the Project Owners and assigns a rating called the GOscore rating.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

How to choose the best loan that is most worth investing in?

It is important for all investors to get as stable a return as possible and to risk as little of their assets as possible. Therefore, attention is usually paid to those loans with a reliability score of A (the highest) or B (above average).

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

What are the risks for investors?

For those who want to know more about the possible risks, FinoMark offers detailed information in the "Documents" section of its website, where you can find the "Description of Investment Risks".

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

Is the taxable income earned on the platform?

If your earned interest exceeds €500 during the tax period, it is taxed at 15% personal income tax (PIT)

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

What are the fees for FinoMark investors?

As of today, no fees apply to investors.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

GENERAL

Is there a fee for registration?

Registration on the FinoMark platform is free for both Project owners and Investors.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

Is FinoMark's activity regulated?

FinoMark is included in the Bank of Lithuania's public list of crowdfunding platform operators.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

Why choose the FinoMark crowdfunding platform?

Convenience for the user. Excellent conditions for investors and borrowers. The back of the experts.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

What is Crowdfunding?

Crowdfunding, well known under the English name of crowdfunding. Crowdfunding helps overcome key barriers that new and existing businesses face when trying to attract investment.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

I forgot the password used on the FinoMark platform, what should I do?

If you forget your password, you can use the password reminder function.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

When does interest start to accrue?

Interest starts to be calculated from the moment of activation of the Project Owner's contract.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

Is it possible to invest and receive financed funds from/to any e-mail address? money institution?

Investors must open an e-mail address. money account with our partners NEO Finance to invest.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

What is a property complex mortgage?

In the case of pledging of a property complex, the company's assets, consisting of movable property, such as stocks, equipment, claim rights to receivables or the like, are pledged.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-07-25

Avietė - what is it?

Avietė Crowdfunding Loan – this is an ILTE financing program for small and medium-sized businesses.

Read more

Posted by
Emilija Poškonienė
Updated at 2024-10-15
loader
Please keep in mind all translations are provided by Google Translate service.