The Company is recently founded and is developing a new concept drive-in/walk-in catering concept. The first place will open in one month with two more following in the first half of 2022. The customers will have options both to quickly order and pick up the food on the place as well as pre-order meals via app or web. The service is fully contactless; thus, for the orders, customers will use an electronic stand or app which is connected to the cooking area. Besides, in the store section customers will be able to buy prepared meals and snacks too. To finance the further development of stores, the Company seeks additional financing of EUR 153,000 for 12 months. Investors are offered 13.2% annual (1.1% monthly) interest with monthly interest payments and principal repayment at the end of the term. Repayment of the loan is planned from refinancing in a commercial bank. The loan is secured with a personal guarantee from a reputable beneficial owner and his personal holding company, as well as a commercial pledge on the Company’s fixed assets with an acquisition value of EUR 456,004.

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

• The loan is secured with a personal guarantee from a reputable beneficial owner and with a guarantee of a related holding company with an adjusted equity capital of EUR 7.07M.
• The loan is secured with a commercial pledge on the Company’s fixed assets with an acquisition value of EUR 456,004 and an LTV of 33.5%.
• The owner and manager of the Company has 30 years of experience managing a catering business.
• The Company has a significant adjusted equity-to-assets ratio of 88%.
• The guarantor company is a regular Capitalia client and it has repaid 7 loans for the total amount of EUR 830,000 with an excellent payment discipline.