The Company was established in 1994 and its main activity is motion picture production. The Company’s services include video and audio editing, producing, filming, and assembling of filmed material. The Company has its studio in Riga. The Company works with both long-term projects of making widescreen movies and smaller projects of filming advertisements, informative materials, etc. Currently, the Company is seeking working capital financing of EUR 25,000 for 7 months to start filming a new TV series.  Investors are offered a 6.48% annual (0.54% monthly) interest with monthly interest payments and principal repayment at the end of the loan term. Principal repayment is planned from the final payment received from the Company’s client for the delivered TV series. The financing benefits from a guarantee from the European Investment Fund which allows Capitalia to provide a buyback guarantee in case such guaranteed loan becomes default. In addition, the loan is secured with a personal guarantee from the owner.

Altogether the Company will receive financing with the European Investment Fund guarantee in the amount of EUR 50,000. However, the amount is divided into two separate financing projects, EUR 25,000 each.

The Company is an existing client of Capitalia with a good payment discipline, having repaid 13 loans in the total amount of EUR 279,000. It currently does not have any other active loans from Capitalia.