The Company was established in 2001 and is operating in the transportation industry, with an emphasis on transportation of logs. The main client of the Company is Latvian State Forests with whom they have multiple contracts for large scale projects.

Recently the Company signed a major contract with Latvian State Forests, which will demand extra capacity from them, therefore the Company is seeking additional financing to purchase maintenance parts and fuel for trucks, pay salaries and to facilitate repayment of some of the leasing payments that are due this year.

Therefore, the Company is seeking EUR 67,892 financing for 20 months for working capital and leasing repayment. The loan will carry a 13.8% annual interest rate (1.15% monthly) and it will be amortized monthly. Both the owner and the procurator will provide personal guarantees for the loan. The project risk rate is C (76 out of 100).

Yra keletas veiksnių, dėl kurių skolinimas Įmonei yra patraukli galimybė:

• The Company has been operating in the transportation industry for more than 20 years.
• The Company has been profitable for more than 10 years.
• A personal guarantee from the owner and procurator are provided. 
• The Company’s Equity to Assets ratio in the past 5 years has tripled.