The Company was founded in 2009 and it is located in Aizkraukle region, Vidzeme. The Company cultivates 600ha of land out of which 180ha they own. The Company has actively used EU funds to co-finance modern and efficient machinery - it has recently invested more than EUR 500,000 in a grain dryer and more than EUR 300,000 in a new grain harvester. In addition, the Company currently is waiting on several client payments to be received, leading to a short term gap in working capital.

Therefore, the Company is seeking EUR 25,000 financing for 3 months to settle with suppliers. The loan will carry a 6.96% annual interest rate (0.58% monthly) with monthly interest payments and principal repayment at the end of the term. 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, a personal guarantee from the owner is provided. 

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 a guaranteed loan becomes default.
• A personal guarantee of the owner is provided.
• The Company has shown a track record of steady growth in profitability.