Financing for ventilation and heating systems installation company (II)

Summary
The Company, established in 2011, is doing the design and installation of ventilation and heating systems for buildings. The Company works mainly as a subcontractor under larger construction companies. The Company has projects in Latvia as well as some in western Europe – France and Monaco. The Company has several larger upcoming projects and it is currently seeking EUR 13,522 working capital financing for 12 months to purchase materials.  The loan will carry a 8.04% annual interest (0.67% monthly) with a monthly amortization schedule. 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 default. In addition, the loan is secured with a personal guarantee from the owner.

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 guaranteed loan becomes default.
  • The loan is secured with a personal guarantee from the owner.
  • The owner has more than 10-year experience in the ventilation and heating system installation business.
  • The Company has a growing turnover for 2 consecutive years.
ID 15251-2-LV
Industry Ventilation and
heating
installation
Location Latvia
Loan type Business loan
Term 12 months
Expected return 8.04%
Interest rate Monthly
Amortisation Monthly
Risk grade A+ (100 out of 100)
Personal warranty Yes
Collateral Capitalia buyback
guarantee
Capitalia's cofinancing 1522
Target amount 13522
Repaid
This loan is already funded.
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