Hoovi Strengthens Financial Position

Hoovi, a Loan Originator on the Income platform, is taking proactive steps to boost investor engagement and reinforce their financial position. By creating voluntary reserve capital of €200,000 and subordinating owner’s loans worth €1,100,000, Hoovi aims to enhance its balance sheet and instill investor confidence. 

Voluntary Reserve Capital: Strengthening Financial Stability

Hoovi has established a €200,000 voluntary reserve capital to fortify its balance sheet. This reserve serves as a buffer to navigate potential uncertainties and reaffirms Hoovi’s commitment to financial stability. 

Subordination of Owner’s Loans: Aligned Interests for Investor Confidence

Hoovi has subordinated owner’s loans worth €1,100,000, prioritizing the claims of other creditors, including investors on the platform. This demonstrates Hoovi’s confidence in its financial performance and aligns its interests with those of investors.

Hoovi’s initiatives to create voluntary reserve capital and subordinate owner’s loans exemplify their dedication to a strong financial position and investor satisfaction. These measures enhance financial stability, align interests, and provide a secure investment experience. 

Invest in Hoovi’s loans today and earn up to 12% per annum while benefiting from a loan originator that values your trust.


Facebook
LinkedIn
Twitter
Email

READ MORE