Leasing financing for a profitable specialized construction company (II)

Summary

The Company was founded in 2015 and it provides specialized construction services: installation of water supply and sewerage networks. The Company’s main areas of expertise are the construction of external water supply, sewage and rainwater drainage networks at construction sites, construction of water supply and sewage connections, and fixing water supply and sewage connections in case of an accident. The Company’s clients are the leading construction companies in Latvia, such as Merks, Bukoteks, Newcom Construction, and Velve.

Currently, the Company is seeking leasing financing of EUR 46,899.60 for 36 months to purchase an additional excavator. The Company will cover an advance payment of EUR 11,495 from its own funds Investors are offered a 12.84% annual interest (1.07% monthly) with monthly amortization. The leasing will be secured with the excavator to be purchased for EUR 47,500 + EUR 9,975 VAT as well as a personal guarantee from the owner. The project risk rate is B (80 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 leasing will be secured with an excavator with a market value of EUR 57,475 including VAT (LTV 81.6%) and a personal guarantee from the owner.
  • The Company works with the largest and most well-known construction companies in Latvia.
  • The Company has a proven track record of operations and profitability.
  • The Company has a strong pipeline of active projects.
ID 16480-2-LV
Industry Specialized
construction
Location Latvia
Loan type Leasing
Term 36 months
Expected return 12.84%
Interest rate Monthly
Amortisation Monthly
Risk grade B (80 out of 100)
Personal warranty Yes
Collateral Excavator with a
purchase value of
EUR 57,475
Capitalia's cofinancing 2899.6
Target amount 46899.60
Successfully funded
This loan is already funded.
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