Financing for an experienced transportation company (III)
Founded in 1997, the Company is engaged in transportation services. It owns buses for passenger transportation. The Company has cooperation with Tallinn schools, with government institutions, larger businesses, whose employees work outside the town, with cruise lines and other companies. The Company is an existing customer of Capitalia with excellent payment discipline. Since October 2022 the Company has been serving increasingly more clients due to cooperation with AS Glassense (previous name Klaasimeister AS).
Therefore, the Company is seeking EUR 26,306 financing for 24 months to purchase a vehicle. The loan will carry a 14.88% annual interest rate (1.24% monthly) and it will be amortized monthly. Beneficial owner of the Company will provide a personal guarantee for the loan . The project risk rate is C (70 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 20 years of experience in the transportation industry.
- A personal guarantee from the owner is provided.
- The Company is a repeated client of Capitalia with an excellent payment discipline.