Companies category powered by

ETFL launches bond offering to expand trade finance operations though crowdX.eu

ETFL Limited (ETFL), an established leader in providing alternative financing solutions in the trade finance sector since 2018, is set to offer a new investment opportunity designed to attract investors seeking secure, high-return investments.

Through a €300,000 bond issuance, ETFL aims to fund new trade finance deals, leveraging its successful track record and robust credit insurance partnerships.

Trade Finance explained

ETFL’s innovative model involves financing legal entities engaged in the sale of goods and services by purchasing and advancing funds against their credit invoices. ETFL pays up to 85% of the invoice value upfront, with the balance settled when the debtor pays in full.

Secure bonds, credit insurance

To mitigate risk, ETFL insures its receivables with Allianz Trade and Atradius, globally recognized credit insurance leaders, ensuring against debtor defaults. ETFL has never filed a claim against its credit insurers, underscoring its careful management practices.

Key Features for Investors:

Attractive Yield: The bonds offer an annual interest rate of 4.5%, payable upon maturity on October 31, 2025.

Security: Investments are backed by credit-insured trade receivables, substantially reducing default risk.

Accessibility: Investors can participate with a minimum subscription of €1,000.

No Fees: Zero entry, brokerage, or custody fees.

Proven Management Expertise: ETFL’s leadership boasts over 100 years of combined industry experience, further reinforcing its commitment to prudent financial management.

Bond Details and Terms

Issue Date: November 1, 2024

Maturity Date: October 31, 2025

Interest: 4.5% annual return, with early exit options available (30-day notice required).

Subscription through CrowdX.eu

About ETFL and Its Founder

Founded and managed by Athos Kyranides, a renowned Chartered Accountant and former executive at Bank of Cyprus, ETFL has been a forerunner in trade finance innovation. Mr. Kyranides’ expertise, gained from spearheading key financial initiatives and establishing industry firsts in Cyprus and Greece, is at the core of ETFL’s success.

Regulatory and Investor Information

Investors are reminded that while ETFL’s bonds present a low-risk investment class, they are not protected by EU deposit guarantee schemes. The bonds are available through CrowdX.eu which provides a secure platform for trading and managing investments and is regulated by the Cyprus Securities & Exchange Commission (CySEC).

For more information and to participate, please visit CrowdX.eu

About CrowdX

CrowdX operates under the European Crowdfunding Service Providers (ECSP) regulation, with license number CSP 2/24 from the Cyprus Securities & Exchange Commission (CySEC).

CrowdX provides crowdfunding services across the EEA to investors looking to invest in promising investment opportunities as well as to project owners looking to raise funds.

CrowdX is owned by Eurivex Ltd, a regulated Cyprus Investment Firm, located and operating from Cyprus through its website at https://www.crowdx.eu/. For further information please contact info@crowdx.eu

1

Click here for more information.

Read More

New study places Cyprus in second place among region's top three innovation economies
Turning the spotlight on MHV: Crafting unparalleled lifestyle destinations that transcend every expectation
What it's like to work at EMBIO Diagnostics
Dimitris Primpas named new General Manager of IBM Greece and Cyprus
Oksana Izmailova: “At PIN-UP Global, the function of people partner is to help businesses grow and develop”
Vines Above Clouds' collaboration begins with great momentum
Employment reached 507,323 persons in Q3 of 2024
RIF announces new blended finance scheme for innovative companies
President anticipated to announce new projects during upcoming Tylliria - Polis tour
Significant economic cooperation prospects with Cyprus, Greek official says