Seasonal working capital financing for an experienced agricultural company
The Company, operating since 1993, is an agricultural company. The Company cultivates 200 ha of land from which approximately 100 ha is owned by the Company. The Company grows wheat and rapeseed. In 2022, the Company significantly invested in the purchase and renewal of its technological equipment, therefore it is currently seeking EUR 20,840 working capital financing for 10 months to pay for fuel, repair for equipment, and fertilizers. Investors are offered a 6.6% annual interest rate (0.55% monthly) with monthly interest payments and seasonal principal repayment in 2 equal payments in October and December 2023. The 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 the European Investment Fund guarantee which allows Capitalia to provide a buyback guarantee in case such guaranteed loan becomes default.
- A personal guarantee of the beneficial owner is provided.
- The Company has almost 30 years of experience in the agricultural industry.
- The Company operates with a profit.