Financing for an experienced transportation company (III)

Summary

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).

Key investment highlights

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.
ID 15253003-EE
Industry Other passenger
land transport
Location Estonia
Loan type Business loan
Term 24 months
Expected return 14.88%
Interest rate Monthly
Amortisation Monthly
Risk grade C (70 out of 100)
Personal warranty From the owner
Collateral None
Target amount 26306
Successfully funded
This loan is already funded.
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