The Company has been engaged in construction, real estate management, and development for more than 15 years. For the construction services, the only client of the Company is its related entity – a developer of residential apartment houses.  Approximately 90% of the Company's revenue is generated by construction services, with the remaining revenue coming from the management services of apartment houses developed by the related entity.

The Company is finalizing construction works of its 12-apartment building project in Riga. The project is almost complete and the developer needs 2 to 3 weeks to apply for a building usage permit. 11 out of 12 apartments are sold. The last apartment is expected to be sold within 3 to 4 months. 

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

• The owner of the company will provide personal guarantee.
• The Company has more than 15 years of experience in the industry.
• The development project is in its final stage, the company will apply for the building usage permit within 2 to 3 weeks. 
• 11 out of 12 apartments are sold, the sale price for all sold apartments is expected to be received within 3 to 4 months.