Working capital financing for a growing transportation company
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The Company started its activities in 2021. The main activity of the Company is land transportation by trucks. Currently, the Company has 4 Mercedes-Benz trucks and is working with a well-known freight forwarding company providing its services in Europe. The Company is seeking EUR 25,000 working capital financing for 12 months to pay for fuel, salaries, repairs and road tolls. The loan will carry a 6.60% annual (0.55% monthly) interest rate with a monthly amortization schedule. 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, the loan is secured with two personal guarantees from the shareholders.
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 guaranteed loan becomes default.
- The loan is secured with two personal guarantees from the shareholders.