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First € 300,000 tranche of private loan for Freshlabels closes; Crowdberry investors to receive an annual interest rate of 11.2 %

22/11/2024

First € 300,000 tranche of private loan for Freshlabels closes; Crowdberry investors to receive an annual interest rate of 11.2 %

The first tranche of investment in Freshlabels, a Czech company selling designer and sustainable fashion brands, has been closed successfully. Investors will receive an annual interest rate of 11.2%. The €300,000 raised is being used for a higher-risk purpose, the purchase of inventory.

This investment has delivered measurable results, fuelling the company’s growth and operational achievements.

“The capital from Crowdberry's private investors has significantly strengthened our inventory, and the impact is already evident. So far, we’ve secured 30% more merchandise compared to 2023, total turnover has increased by 52%, and online sales are showing dynamic growth – 115% in Germany, 90% in the Netherlands, 65% in the Czech Republic, and 35% in Slovakia,” said Ladislav Žižka, CEO of Freshlabels.

The second tranche of the secured investment in e-commerce has been opened, backed by the guarantee of the Tomas Bata Fund.
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Second tranche opened

Crowdberry is now offering investors the opportunity to participate in a second investment tranche of €500,000, with an annual interest rate of 9.2%. This tranche is designated for repaying a bank loan, making investors the sole secured lenders. The lower-risk nature of this purpose is reflected in the slightly reduced but still attractive yield.

A unique market opportunity

“Crowdberry investors have access to a unique investment opportunity that cannot be found elsewhere in either Slovakia or the Czech Republic,” said Marek Baranyai, Credit Manager at Crowdberry.

“This is a direct investment in an established company that has earned the trust of both a loyal customer base and prominent investors over its 30-year history. Crowdberry investors enter Freshlabels as secured lenders, with loan repayment also guaranteed by the company’s owners,” Baranyai added.

Investors’ capital will be tied up for a period of three years, with returns distributed on a semi-annual basis. The investment documentation was developed in collaboration with Crowdberry and the prestigious law firm Dentons

Become a Freshlabels "banker" with an attractive interest rate of 9.2 % p.a.
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*Investment involves the risk of partial or total loss of the invested funds. Your investment is not covered by the deposit protection system.