The Company has been operating since 2006 and it operates in the personal protective equipment industry in Latvia. The company is an authorised retailer of many leading brands in protective equimpent industry, such as Velilla, Tyroc and others. In addition, the company has expanded its cooperation with DIY stores and has been expanding its prescene in Lithuania and Estonia.

Due to the seasonality aspect in the construction industry, many outside works that require protective equipment are more active during spring and summer, thus the company needs to in advance purchase the goods from suppliers to fulfil the demand. In addition, part of the loan would be used to repay EUR 30,000 loan which is due in May 2024.

Therefore, the Company is seeking financing of EUR 52,400 for 18 months to increase the working capital prior to the constructions work season. The loan will carry a 13.44% annual interest rate (1.12% monthly) with monthly interest payments for the first 6 months and principal repayment starting from September 2024. The owner will provide a personal guarantee for the loan. The project risk rate is C (78 out of 100).

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 more than 17 years of experience in the industry and the current management has worked in the industry for almost 20 years.
• The company has been profitable for the past 10 years.
• The company has a stable and well known client base including various leading construction companies and DIY retailers.
• The companies Equity to Assets ratio has been growing since 2021 and currently is 59%.
• The shareholder of the Company will provide a personal guarantee for the loan.