The Company is a plastic waste trading company. It is a part of a larger company group that is trading both – paper and plastic waste. The plastic and paper waste are bought from various sources – waste collection companies, directly from production, wholesale, and retail companies e.t.c. The Company itself is managing and overlooking all the processes from waste collection to deliveries to the final customers. Physical services such as transportation and warehousing are outsourced. The Company’s clients are generally manufacturing companies producing goods from reusable waste. The main sales markets for the Company currently are Finland, Germany, and Poland, however, the Company is expanding also to non-European markets. The Company has recently started sales to countries in Asia and the Middle East. The sales cycle to these countries is longer than when trading only in Europe and requires additional working capital. Therefore, to continue growth in existing markets and compensate for a longer sales cycle in the new markets the Company is seeking EUR 255,000 expansion working capital financing for 24 months. The loan will carry an 11.76% annual interest rate (0.98% monthly) with monthly interest payments and principal repayment starting from the 7th month. The Company group’s mother company’s guarantee is provided. The project risk rate is B (85 out of 100).

On mitmeid tegureid, mis muudavad laenu andmise ettevõttele atraktiivseks võimaluseks ja peamised neist on järgmised:

• The Company has a track record of growth reaching 97% turnover growth and 4% net margin in the first half of 2022
• The Company has an experienced and well-built management team both, in start-up business development and waste management.
• The Company is a part of a company group with a forecasted turnover of at least EUR 22M in 2022.
• The Company group’s mother company’s guarantee is provided for the loan.
• The Company’s operations are well in line with the global trend of a green lifestyle and the use of reusable materials.