Frequently asked questions

General information about our platform

SIA “VIAINVEST Assets” is the issuer of the Asset-backed securities published on the VIAINVEST platform.

Each asset-backed security issuance program has one underlying loan originator. Please see our Disclosure library for the full list of the Base Prospectuses for the securities published on the VIAINVEST platform approved by Latvijas Banka the central bank of Latvia .

Below is the list of the loan originators that are subsidiaries or related companies of the VIA SMS Group:


VIA SMS Ltd. (SIA VIA SMS)

VIA SMS Ltd. is officially licenced consumer lending company registered and operating in Latvia. The company was founded in 2009. All operations of VIA SMS is regulated by Consumer Rights Protection Centre of the Republic of Latvia. Currently the company is offering 3 various consumer lending products:

  • Credit line loans - open ended loan agreements up to EUR 5000. VIASMS.lv offers fast and convenient lending by ensuring online application process and application review within 15 minutes. VIASMS.lv offers flexible borrowing terms that allow customers to choose loan repayment terms based on their needs.
  • SAVA.card - credit card that allows to purchase goods and services within the credit line up to EUR 1500. Payment card is accepted by more than 32 million retailers and 600 thousand cash withdrawal spots worldwide. Application process and account management can be fully done online, card can be obtained free of charge. SAVA.card is operating within the MasterCard system.
  • Installment loans – VIACREDIT.lv is mid-term consumer loan up to EUR 3000 with a loan term up to 12 months. VIACREDIT.lv offers fast and convenient lending by ensuring online application process and application review within 15 minutes.

    • More information: www.viasms.lv, www.viacredit.lv, www.savacard.lv


Via SMS s.r.o.

Via SMS s.r.o. (operating under the brand VIASMS.cz) is consumer lending company founded in 2010 that is registered and operating in the Czech Republic. VIASMS.cz offers consumer lending services:

  • Credit line loans - open ended loan agreements up to 60000 CZK. VIASMS.cz offers fast and convenient lending by ensuring online application process and flexible borrowing terms.

More information: www.viasms.cz


VIA SMS PL Sp. z o.o.

VIA SMS PL Sp. z o.o. (operating under the brand VIASMS.pl) is consumer lending company founded in 2011 that is registered and operating in Poland. VIASMS.pl offers short-term consumer lending services:

  • Payday loans - short-term consumer loan up to PLN 4000 with a loan term up to 30 days. VIASMS.pl offers fast and convenient lending by ensuring online application process and 0% fee for the first loan.

More information: www.viasms.pl


ViaConto Sweden AB

ViaConto Sweden AB (operating under the brand VIACONTO.se) is consumer lending company founded in 2011 that is registered and operating in the Sweden. VIACONTO.se consumer lending services:

  • Credit line loans - open ended loan agreements up to KR 20 000. VIACONTO.se offers fast and convenient lending by ensuring online application process and flexible borrowing terms.

More information: www.viaconto.se


IFN VIACONTO MINICREDIT S.A.

IFN VIACONTO MINICREDIT S.A . (operating under the brand VIACONTO.ro) is consumer lending company founded in 2018 that is registered and operating in Romania. VIACONTO.ro offers consumer lending services:

  • Credit line loans - open ended loan agreements up to 4000 RON. VIACONTO.ro offers fast and convenient lending by ensuring online application process and flexible borrowing terms.

More information: www.viaconto.ro


VAMO LENDING INC

The consumer lending business in Philippines is conducted by the Vamo Lending Inc., a legal entity registered according to laws of the Philippines under the registration number CS20200000915. The company is controlled by the VIA SMS Group and provides a full cycle of online lending services.

  • VAMO.ph provides online lending services by offering their customers short-term loans with duration from 7 to 30 days and the loan amount from 1000 PHP to 30 000 PHP.

More information: vamo.ph

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Return consists of two component compensation model - 11% interest paid on the monthly basis and 2% paid at the loan maturity reaching the total return of 13%.
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Return consists of two component compensation model - 9% interest paid on the monthly basis and 2% paid at the loan maturity reaching the total return of 11%.
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This particular business loan allows early exit from the investment taking into account specific annual interest rate calculation terms. Early exit options and respective annual interest rates are listed below. Early exit from the investment can be requested by pressing EARLY EXIT button available in this particular business loan profile. Invested principal and earned interest returns to investor account after selected notice period.

Reason for withdrawal from the agreement Prior notice period Guaranteed annual interest rate (paid on monthly basis) Extra annual interest, paid once at the end of the agreement Total annual interest rate
The loan maturity day n/a 12% 2% 14%
Early exit request before the maturity day 1 month 12% n/a 12%
Early exit request before the maturity day 3 month 12% 1% 13%
Early exit request before the maturity day 6 month 12% 2% 14%

By selecting one of the early exit options listed below, you will automatically inform VIAINVEST about your willingness to exit the investment after the selected period of time starting from the date when the request is made. Invested principal and respective earned interest will be transferred to your investor account after chosen time period.

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This particular business loan allows early exit from the investment taking into account specific annual interest rate calculation terms. Early exit options and respective annual interest rates are listed below. Early exit from the investment can be requested by pressing EARLY EXIT button available in this particular business loan profile. Invested principal and earned interest returns to investor account after selected notice period.

Reason for withdrawal from the agreement Prior notice period Guaranteed annual interest rate (paid on monthly basis) Extra annual interest, paid once at the end of the agreement Total annual interest rate
The loan maturity day n/a 11% 2% 13%
Early exit request before the maturity day 1 month 11% n/a 11%
Early exit request before the maturity day 3 month 11% 1% 12%
Early exit request before the maturity day 6 month 11% 2% 13%

By selecting one of the early exit options listed below, you will automatically inform VIAINVEST about your willingness to exit the investment after the selected period of time starting from the date when the request is made. Invested principal and respective earned interest will be transferred to your investor account after chosen time period.

Close

This particular business loan allows early exit from the investment taking into account specific annual interest rate calculation terms. Early exit options and respective annual interest rates are listed below. Early exit from the investment can be requested by pressing EARLY EXIT button available in this particular business loan profile. Invested principal and earned interest returns to investor account after selected notice period.

Reason for withdrawal from the agreement Prior notice period Guaranteed annual interest rate (paid on monthly basis) Extra annual interest, paid once at the end of the agreement Total annual interest rate
The loan maturity day n/a 9% 2% 11%
Early exit request before the maturity day 1 month 9% n/a 9%
Early exit request before the maturity day 3 month 9% 1% 10%
Early exit request before the maturity day 6 month 9% 2% 11%

By selecting one of the early exit options listed below, you will automatically inform VIAINVEST about your willingness to exit the investment after the selected period of time starting from the date when the request is made. Invested principal and respective earned interest will be transferred to your investor account after chosen time period.

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*Two component compensation model: interest of 8% p.a. on monthly basis plus interest paid at maturity of the agreement, providing investor with yield to maturity range from 8% to 12% p.a. Interest paid at maturity derives from project Capitalization Rate and Real Estate sales price as follows:

Calculation example:

Capitalization Rate Sales price Yield to maturity
5,75% < 38 093 071 € 8%
5,25% 38 093 071 € - 41 720 983 € 10%
4,75% 46 112 665 € < 12%

Capitalization rate indicates the expected rate of return an investor is likely to achieve on an investment property. The rate is calculated by dividing net annual operating income by the value of the property and multiplied by 100 to get the percentage.