The Company was established in 2010 and it manufactures and wholesales food supplements and vitamins. The production services are outsourced from specialized producers in Denmark, Germany, and Latvia. 90% of the revenue is generated by wholesale to the largest retail and pharmacy chains in the Baltics while the remaining 10% are retail sales via webshop and Amazon marketplace.

In 2023, the Company established its store on Amazon marketplace and sells its products in the US, UK, and German markets. Setting up the Amazon store required additional investments since the Company has to maintain a sizeable stock in each country of its best-selling products. Additional investments in expanding the sales channels led to a lack of working capital.

Therefore, the Company is seeking EUR 83,588 working capital financing for 24 months. The loan will be amortized monthly starting with the 4th month. The loan will carry a 12.72% annual interest rate (1.06% monthly) and it will be amortized at the end of the term. The project’s risk rating is B (80 out of 100).

The loan will be secured with a commercial pledge on the Company’s assets with a book value of EUR 1.18 million. In addition to the commercial pledge, the sole shareholder will provide a personal guarantee for the loan.

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

• The Company has a well-diversified clientele consisting of large retail and pharmacy chains.
• The loan is secured with a commercial pledge on the Company's assets with a book value of EUR 1.18 million.
• The Company has a strong equity-to-assets ratio of 45%.
• The sole shareholder of the Company will provide a personal guarantee for the loan.
• The Company has been operating in the industry for more than 10 years.