Expansion financing for an experienced logistics company

Summary
The Company was established in 2013. The Company’s core business is vehicle transportation using car carriers, covering both Lithuanian and European routes. The Company plans to acquire a land plot in Tauragė to develop a truck parking lot on it. Therefore, the Company is seeking EUR 52,368 financing for 24 months, which will be allocated toward the land plot acquisition. The loan will carry a 9.96% annual interest rate (0.83% monthly) and it will be amortized monthly. Both shareholders will provide personal guarantees. The project risk rate is C (79 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 Company has been successfully operating for over 12 years.
  • The owners of the Company will provide 2 personal guarantees for the loan.
  • The Company has been operating profitably for the last 5 years.
ID 12578002-LT
Industry Transportation
Location Lithuania
Loan type Business loan
Term 24 months
Expected return 9.96%
Interest rate Monthly
Amortisation Monthly
Risk grade C (79 out of 100)
Personal warranty From 2 shareholders
Collateral No
Target amount 52368
Application term 01.05.2026
EUR 48,168.00 financed