Financing for experienced flooring and interior design goods retailer and wholesaler (V)

Summary

The Company was established in 2006 and operates a retail store where it sells a wide variety of flooring materials and interior design elements, such as wall and floor tiles, parquet, carpets, plumbing,  wallpaper, etc. The Company's clientele consists of private individuals, construction companies, and real estate development companies. Currently, the Company is seeking EUR 22,746 working capital financing for 12 months to supplement inventory. The loan will carry a 6.96% annual (0.58% 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 45,492. However, the amount is divided into two separate financing projects, EUR 22,746 each. 

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 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.
  • A personal guarantee of the owner is provided.
  • The Company has over 15 years of experience in the construction and design material wholesale and retail business.
  • The Company is an existing client of Capitalia with an excellent payment discipline.
ID 13511-6-LV
Industry Retail trade /
Wholesale
Location Latvia
Loan type Business loan
Term 12 months
Expected return 6.6%
Interest rate Monthly
Amortisation Monthly
Risk grade A+ (100 out of 100)
Personal warranty From owner
Collateral Capitalia buyback
guarantee
Capitalia's cofinancing 1746
Target amount 22746
Successfully funded