Investor Information
credit project scoring and pricing of offers
This document provides investors ("Lenders") with information on how okeilo s.r.o. (the "Provider") assesses project risk, determines their risk category (rating/scoring), and what main factors influence the offer price (interest rate).
This document is issued in accordance with Regulation (EU) 2020/1503 on European crowdfunding service providers (ECSPR), and Commission Implementing Regulation (EU) 2024/358 (RTS).
Terms used in this document have the meaning defined in the terms and conditions of the intermediation platform operation (hereinafter "PPP").
In case of conflict between this document and the Loan Agreement, the Loan Agreement shall prevail.
Purpose of Credit Scoring
Credit scoring serves to:
- • assess the risk of the Project and the Borrower
- • classify the Project into a risk category
- • determine the appropriate financing conditions, especially the loan interest rate for the Borrower
Scoring is not a recommendation to invest nor a guarantee of return. Each investment through the platform www.okeilo.cz (the "Platform") is associated with a risk of loss.
Credit Process Overview (simplified)
Only Projects that successfully pass through the entire process are published on the Platform.
The credit process consists of the following main steps:
Preliminary assessment of the Project and the Borrower
Collection and verification of documentation
Credit scoring and preparation of the Project report
Approval of the Project by the Provider's Investment Committee
Publication of the Loan offer on the Platform
Provision of the Loan and ongoing monitoring
Due Diligence
Before approving the Project, the Provider conducts due diligence of the Borrower and the Project. The purpose of the Borrower's due diligence is to verify
The purpose of the Project due diligence is to verify whether the Project is financially sustainable (see below) and whether it is secured.
1.Identity and credibility of the Borrower
2.Their financial stability
3.Legal integrity and compliance with AML/CFT requirements
Loan Collateral
To reduce investor risk, the Provider requires collateral for individual Projects, in particular:
- • mortgage lien on real estate
- • optionally supplementary forms of collateral (guarantees, security instruments)
The form and extent of collateral are always determined individually with regard to the nature of the Project and its risk level.
Credit Scoring Methodology
5.1 Model Type
The Provider uses a non-statistical, individual scoring model supplemented by expert assessment.
The model is not fully automated and does not use third-party models.
The model is regularly reviewed and updated. In case of significant methodology changes, investors are informed via the Platform.
5.2 Evaluated Areas
Scoring is based on three main areas:
Borrower
- experience and project history
- financial indicators (e.g., ICR, ROE, asset size)
- other parameters determined by the Provider
Collateral
- existence of collateral
Project and Loan
- location and project phase
- key credit indicators (e.g., LTV, LTC, DSCR)
- maturity period and repayment method
In addition to quantitative factors, qualitative factors are also considered.
If the Project or Borrower fails the so-called K.O. criteria (e.g., detection of international sanctions, enforcement orders, or unreliable VAT payer status), it is automatically excluded from publication on the Platform.
If warning signals are identified for the Project or Borrower (e.g., doubts about the business plan, failure to file reports in the commercial register), this circumstance is subject to enhanced scrutiny.
5.3 Scoring Points
Individual factors are assigned point values
The total score is the sum of points across evaluated areas.
A lower total score means lower project risk.
The risk management department may exceptionally adjust the resulting score by one grade based on expert assessment, always with written justification.
Higher point values correspond to higher risk
Lower point values correspond to lower risk
Risk Categories (scoring grades)
Based on the resulting score, the Project is classified into one of the risk categories (AAA to D)
The risk category affects the determination of the interest rate, but not the certainty of repayment.
Generally:
Pricing of Offers (interest rates)
The loan interest rate is constructed as the sum of three components listed in the table below, i.e.:
- as the sum of the risk-free component (cost of money)
- risk component (determined by loan scoring)
- commercial margin (determined by the Provider)
The loan interest rate is determined with regard to:
- • risk category of the Project
- • quality of collateral
- • market conditions
- • loan parameters (maturity, repayment structure)
Higher Project risk generally translates into a higher interest rate
Interest rate component name
Determination of the interest rate component
Risk-free interest rate used
1M PRIBOR (in %) for loans denominated in CZK
1M EURIBOR (in %) for loans denominated in EUR
Risk surcharge based on the scoring model
Determined based on the scoring model output in the range of 4.0 – 8.0%
Specifically, for individual scoring grades, it is determined as follows:
Commercial margin
Determined by the Provider
Monitoring and Score Updates
After the Loan is provided, the Provider:
- • monitors compliance with contractual conditions,
- • performs regular monitoring of the Project
- • conducts at least annual review of the credit scoring
In case of significant changes, the Project scoring may be updated.
Important Notice for Investors
- Scoring represents a risk estimate, not a guarantee of return.
- Past results are not a guarantee of future returns.
- Investors should always assess the investment in the context of their investment profile and portfolio diversification.
- The Provider is responsible for the proper completion of the Provider's scoring model.