Expansion financing for the safari amusement park operator

Summary

The Company was established at the beginning of 2020. The Company’s main activity is managing the Safari park in Lithuania. In the fenced 50-hectare park, the Company has more than 200 animals - zebras, fallow deer, black African ostriches, Highland horns, llamas, alpacas, mouflons, donkeys, Welsh ponies, camels, buffaloes, and more. All animals can be observed from a jeep that the clients rent and drive freely throughout the park. The park also has a pizzeria, and trampoline park, and hosts entertainment events and birthdays. Real estate and animals are owned by the Company’s owner’s father, who is a farmer. To diversify sources of income, the Company applied for state support to expand the park. The Company is planning to establish outdoor cinema, restaurant and wellness services. In addition, the Company has finished the lavender park and vineyard and is planning to host a wine and food festival. For these purposes, the Company is seeking additional financing of EUR 47,400 for 34 months to purchase equipment and cover seasonal expenses. The loan will carry a 10.20% annual interest rate (0.85% monthly) and it will be amortized in June, July, August, and September of 2025, 2026 and 2027. The loan will be secured with a personal guarantee from the shareholder.

The Company is an active client of Capitalia and has repaid more than EUR 132 thous. of loans with excellent payment discipline.

Client risk: A (90 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 a strong equity-to-assets ratio of 64%.
  • The loan is secured with a personal guarantee from the owner.
  • The Company has no other financial liabilities besides Capitalia.
  • The Company is an active client of Capitalia and has repaid more than EUR 132 thous. of loans with excellent payment discipline.
ID 15163007-LT
Industry Amusement park
Location Lithuania
Loan type Business loan
Term 34 months
Expected return 10.20%
Interest rate Monthly
Amortisation In June, July, August and September of 2025, 2026 and 2027
Risk grade A (90 out of 100)
Personal warranty Yes
Collateral None
Target amount 47400
Successfully funded
This loan is already funded.
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