The Company is located in Riga, Latvia, and has operated since 1991. The Company’s primary field of operations is the restaurant services sector, specifically operating in restaurants and mobile food service activities. It is a well-established Latvian restaurant services Company with diligent management, a stable financial track record and a reputation for reliability in its field of operations. 

The Company plans to improve the restaurant premises, as well as invest in new machinery and equipment. These improvements will attract more customers and therefore this will allow the business to expand its operations, enhance customer experience, and drive higher profitability.

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

• Beneficial owner’s personal guarantee will be provided
• The Company will pledge all assets including newly purchased machinery and equipment in the amount of EUR 300,000.
• The Company will provide a first rank mortgage on the restaurant premises with a market value of EUR 260,000.
• The beneficial owner of the Company has 30 years of experience managing a catering business.
• The guarantor’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.