The Company, founded in 1998 on the grounds of a former state farm, is among the largest dairy producers in Latvia. The Company specializes in dairy farming, while also growing grain, corn, and other crops for animal feed. Recognized as a breeder farm, it maintains a herd of 1,573 cattle, including 882 dairy cows, primarily Holstein and Latvian brown breeds.

Currently, the Company is in the process of transferring its credit line to a new bank with an increase in credit line amount. This increase would be used to settle with one of the key partners of agricultural supplies. To ensure timely payments to suppliers and to cover the credit line, it seeks short-term financing, which will be repaid once the new credit facility is approved.

Therefore, the Company is seeking EUR 165,240 financing for 6 months for working capital. The loan will carry a 10.08% annual interest rate (0.84% monthly) and it will be amortized at the end of the term. The owner of the Company will provide a personal guarantee for the loan. The project risk rate is B (80 out of 100).

Capitalia has already fundraised a loan with EUR 447,400 principal and 6 months term, which will cover the same financial need as this loan.

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

• The Company has more than 25 years of experience in the industry.
• The Company has been profitable in 9 out of the last 10 years.
• The owner of the Company will provide a personal guarantee for the loan.