Rotating equipment engineering and service company (IV)

Summary
The Company specializes in the design, sales, maintenance, and service of rotating equipment such as compressors, gas engines, power generators, filtrations units, monitoring and production control systems. The Company is currently seeking EUR 110,502 for 14 months period to finance working capital and make initial prepayments to manufacturers of equipment and parts. Lenders are offered a 14.52% annual (1.21% monthly) interest rate with a monthly amortization schedule. The loan is secured with a pledge of residential property in Vilnius with a market value of EUR 103,000, a pledge of a car with a market value of EUR 24,000, and a personal guarantee from the shareholder. The Company has been a client of Capitalia and has repaid over EUR 200,000 of loans.

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

  • The loan is secured with a pledge of a car and liquid residential property worth EUR 126 thous.
  • The manager has over 20 years of experience and its management team has more than 10 years of experience in the industry.
  • The loan is secured with a personal guarantee from the shareholder.
  • The Company has been a client of Capitalia and has repaid over EUR 200,000 of loans.
ID 11538-4-LT
Industry Engineering
Location Lithuania
Loan type Business loan
Term 14 months
Expected return 14.52%
Interest rate Monthly
Amortisation Monthly
Risk grade C (70 out of 100)
Personal warranty Yes
Collateral Residential property
and car worth EUR
126 thous.
Capitalia's cofinancing 6502
Target amount 110502
Successfully funded