Real estate secured financing for a seller of fuel and fuel equipment
The Company was established in 2009. The main activity of the Company is the sale of specialized fuel equipment and fuel. The Company is an official representative of the tank and trailer manufacturer STOKOTA, the tank manufacturer INALCO and the global oil company BP (British Petroleum) in Lithuania.
Currently, the Company is seeking EUR 358,750 financing for 36 months to order stock, pay suppliers and refinance the remaining principal of the Capitalia loan. The loan will carry a 9.60% annual interest rate (0.80% monthly) and it will be amortized monthly. The loan will be secured with a real estate property by the Baltic Sea worth EUR 545,000 (66% LTV). In addition, a personal guarantee from the Company’s owner will be provided.
The project risk rate is A (92 out of 100).
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 first-rank mortgage on a real estate property by the Baltic Sea with a total market value of EUR 545,000 (66% LTV);
- The Company has 15 years of experience in the industry;
- The owner of the Company will provide a personal guarantee;
- The Company is a returning client of Capitalia who repaid EUR 130,000.










