The Company has been established in 1998 and does fish product production and wholesale trade. The Company is working with the largest food retail chains in Latvia including Rimi, Maxima, Top, Mego, etc. Most of the production is produced at the Company’s 2 manufacturing sites in Talsi and Mērsrags. Part of production is outsourced. Products in Latvia are sold under the Company’s trademark. In May of 2020, the Company acquired its 2nd manufacturing site in Mērsrags. To start operations in the new factory, the Company received EUR 50,000 working capital loan from another company in the industry. Currently, the repayment term has come and the Company is looking for EUR 52,420 financing for 24 month period to refinance the existing working capital loan and gradually amortize the originally received loan amount. The loan will carry an 11.64% annual interest (0.97% monthly) with a monthly amortization schedule. 
The Company is a repeat client of Capitalia and has used factoring financing in the excess of EUR 1.5 million and repaid EUR 20,000 of the loan principal with a good payment discipline.