Working capital financing for a powder coating and shot blasting company (IV)
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The Company was established in 2001. The Company’s services include powder coating, sand and shot blasting of metal, and metal constructions. The Company is currently looking for working capital financing of EUR 42,160 for 36 months period to pay the suppliers, purchase stock, pay salaries, and other daily expenses. Lenders are offered a 12.36% annual (1.03% monthly) interest rate with a monthly amortization schedule starting from the 13th month. The loan is secured with a personal guarantee from the manager. The Company has been a long-term client of Capitalia and has repaid over EUR 114 thous. of loans with excellent payment discipline.
The project risk rate is B (86 out of 100).
There are a number of factors that make lending to the Company an attractive opportunity and the main highlights are as follows:
- The Company's management has over 20 years of experience in this industry;
- The loan is secured with a personal guarantee from the manager;
- The Company has 22 years track record of successful operations;
- Excellent previous cooperation with the Company with total repaid loans of over EUR 114,000.