Equipment financing for an event solutions provider

Summary

An Estonian event-technology company that provides technical production and visual solutions for a wide range of events, including festivals, TV shows, trade fairs, commercials, and films, covering sound, lighting, staging, design, decorations, tents, and furniture. 

In addition to full-service technical production, the Company offers audiovisual equipment, furniture and decoration rental, as well as sales and marketing of the brands it represents across the Baltics and Scandinavia. 

Therefore, the Company is seeking EUR 51,828 financing for 12 months to invest in fixed assets and rental inventory. The loan will carry a 10.08% annual interest rate (0.84% monthly) and it will be amortized monthly. A personal guarantee will be provided from two management board members and a related company. The project risk rate is B (83 out of 100).

Key investment highlights

There are a number of factors that make lending to the Company an attractive opportunity and the main highlights are as follows:

  • The two shareholders and a related company will provide personal guarantees for the loan.
  • The Company has demonstrated consistent revenue growth after bouncing back from the 2020 pandemic.
  • The Company offers a comprehensive range of services, including technical production, audiovisual equipment rental, event management, and creative solutions.
  • Operating since 2011, the Company has built a strong reputation in the Estonian market.
ID 18548002-EE
Industry Creative, arts and
entertainment
acitivites
Location Estonia
Loan type Business loan
Term 12 months
Expected return 10.08%
Interest rate Monthly
Amortisation Monthly
Risk grade B (83 out of 100)
Personal warranty From two owners and
a related company
Collateral None
Target amount 51828
Successfully funded
This loan is already funded.
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