Secured working capital financing for an experienced logs exporter
Summary
The Company primarily operates in the trade and export of timber and building materials, acting as both an intermediary and direct seller. The Company focuses on sourcing, selling, and managing bulk timber and construction material orders with most of the orders coming from Southeast Asia.
Recently, the Company received a large domestic offer for logs with short payment terms intended for later export, which would require additional financing to fulfill.
Therefore, the Company is seeking EUR 153,500 financing for 12 months for working capital. The loan will carry a 8.64% annual interest rate (0.72% monthly) and it will be amortized monthly with a EUR 2,000 monthly principal payment and the remaining principal at the end of the term. The loan will be secured with a 1st rank mortgage on a real estate property with a market value of EUR 169,000. In addition, the owner of the Company will provide a personal guarantee for the loan. The project risk rate is B (89 out of 100).
Key investment highlights
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 1st rank mortgage on a real estate property with a market value of EUR 169,000.
- The Company has more than 10 years of experience in the industry.
- The owner of the Company will provide a personal guarantee for the loan
Latvia 
Lithuania 
Estonia