The Company was established in 2012 and is part of a group of two related forestry companies. The Company's core business is acquiring forest properties, felling them, and selling timber and resulting land. With over 20 years of experience in this business, the Company has been able to steadily accumulate a property base and it currently manages forest land properties in an area of more than 220ha. Currently, the market conditions and timber prices are very favorable to acquire additional forest properties and felling permits. Therefore, the Company is seeking additional financing of EUR 22,450 for 24 months. The loan will carry a 7.56% annual (0.55% monthly) interest and it will be amortized monthly. The financing benefits from a guarantee from the European Investment Fund which allows Capitalia to provide a buyback guarantee in case such guaranteed loan becomes the default. In addition, a personal guarantee of the owner is provided.

Altogether the Company will receive financing with the European Investment Fund guarantee in the amount of EUR 44,900. However, the amount is divided into two separate financing projects, EUR 22,450 each.

The Company is a returning client of Capitalia and it has repaid eighteen loans for a total amount of more than EUR 897,004. Two existing loans with a total remaining principal of EUR 5,086 are being repaid with excellent payment discipline.

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

• The management has more than 20 years long experience in the forestry industry.
• The loan benefits from a guarantee from the European Investment Fund which allows Capitalia to provide a buyback guarantee in case such a guaranteed loan becomes default.
• Impeccable financing history with Capitalia since 2014 with an excellent payment discipline and total repaid loans of more than almost EUR 900,000.
• The loan is secured with a personal guarantee from the owner.