Founded in 2012, the company is an investment and consulting firm owned by a single shareholder with extensive experience in the food catering industry in Latvia. This year, the owner acquired a restaurant business and subsequently launched a new catering project. The restaurant company recently received a loan through Capitalia, SE platform, and to attract additional financing, the Company will pledge its real estate assets.

The Company is seeking financing to improve the recently acquired restaurant premises and purchase new machinery and equipment. These investments aim to attract more customers, expand operations, enhance the customer experience, and increase profitability.

There are a number of factors that make lending to the Company an attractive opportunity and the main highlights are as follows:

• The loan will be secured with a real estate pledge with a total market value of EUR 387,000 (LTV of 53%).
• The owner has over 30 years of experience managing a well-known and reputable food catering business and will provide a personal guarantee.
• The Company and the owner’s related companies are existing clients of Capitalia and they have repaid 16 loans for the total amount of EUR 2,160,541 with excellent payment discipline.