Whois & Analysis for nexo.io

Nexø, sometimes spelled Neksø, is a town on the east coast of the Baltic island of Bornholm, Denmark.

With a population of 3,642 (as of 1 January 2015), it is the second largest town, as well as the largest fishing port on the island.

Fishing is the mainstay of the town's economy.

Nexø is also the site of a distillery (Bornholmske Spiritfabrik ApS) and a mustard factory (Bornholmersennep ApS).

The town is also a port of call for the passenger ferries linking Bornholm with Kołobrzeg, Darłowo, and Ustka in Poland.

Dueodde, the largest beach on Bornholm, is located south of Nexø, in the southeastern corner of the island.

Wire transfer, bank transfer or credit transfer is a method of electronic funds transfer from one person or entity to another.

A wire transfer can be made from one bank account to another bank account or through a transfer of cash at a cash office.

In lending agreements, collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan.

The collateral serves as a lender's protection against a borrower's default—that is, it can be used to offset the loan if the borrower fails to pay the principal and interest satisfactorily under the terms of the lending agreement.

A line of credit is credit source extended to a government, business or individual by a bank or other financial institution.

A line of credit may take several forms, such as overdraft protection, demand loan, special purpose, export packing credit, term loan, discounting, purchase of commercial bills, traditional revolving credit card account, etc.

It is effectively a source of funds that can readily be tapped at the borrower's discretion.

Interest is paid only on money actually withdrawn.

(However, the borrower may be required to pay an unused line fee, often an annualized percentage fee on the money not withdrawn) Lines of credit can be secured by collateral, or may be unsecured.

In finance, a loan is the lending of money from one individual, organization or entity to another individual, organization or entity.

A loan is a debt provided by an entity (organization or individual) to another entity at an interest rate, and evidenced by a promissory note which specifies, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and date of repayment.

A loan entails the reallocation of the subject asset(s) for a period of time, between the and the .