Expansion financing for a growing and profitable picture frame producer

Summary

The Company was founded in 2019 and it produces poster and picture frames according to the customer's specifications. The orders and sales are done through Printful. The Company currently operates in the B2B field and makes regular deliveries in the volume required by the customer. In the second half of 2022 the Company started to offer its products in Spain in addition to Latvia.

With the entrance in the new market, the Company has started to receive more orders from customers. With the current equipment, it has reached the maximum production levels. Therefore, the Company is seeking financing of EUR 10,500 for 24 months to purchase additional equipment to increase the production capacity. The loan will carry a 8.04% annual interest rate (0.67% monthly) with a monthly amortization schedule. The financing benefits from a guarantee from the European Investment Fund which allows Capitalia to provide a buyback guarantee in case such a guaranteed loan becomes default. In addition, the owner of the Company provides a personal guarantee for the loan.

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 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.
  • The owner of the Company provides a personal guarantee for the loan.
  • The Company has a track record of profitability.
  • The Company has a strong adjusted equity-to-assets ratio of 91%.
ID 16900-2-LV
Industry Manufacturing
Location Latvia
Loan type Business loan
Term 24 months
Expected return 8.04%
Interest rate Monthly
Amortisation Monthly
Risk grade A+ (100 out of 100)
Personal warranty From the owner
Collateral Capitalia buyback
guarantee
Capitalia's cofinancing 500
Target amount 10500
Successfully funded
This loan is already funded.
Missed it? Read more about Advised account service or setup Autoinvest feature