Working capital financing for a profitable and growing construction company

Summary

The Company has operated in the construction industry since 2015 and provides a wide range of services, including full-scale construction, refurbishment, and internal construction activities. The Company largely works as a subcontractor for larger real estate developers, as well as participates in state procurements. 

The Company has recently signed a few large scale projects and as a result would need additional working capital to pay for salaries, supplies and maintenance tools at the start of these projects, while the Company is awaiting payments for finished works.

Therefore, the Company is seeking EUR 102.700 financing for 18 months for working capital. The loan will carry a 9% annual interest rate (0.75% monthly) and it will be amortized starting from the 7th month. The owner of the Company will provide a personal guarantee for the loan. The project risk rate is B (80 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 owner of the Company will provide a personal guarantee for the loan.
  • The Company has stable net profits and has been profitable since establishment in 2015.
  • The Company has a strong equity to assets ratio of 52%.
  • The Company has more than 10 years of experience in the industry.
ID 17762004-LV
Industry Construction
Location Latvia
Loan type Business loan
Term 18 months
Expected return 9.00%
Interest rate Monthly
Amortisation Starting from the 7th month
Risk grade B (80 out of 100)
Personal warranty From the owner
Collateral None
Target amount 102700
Successfully funded
This loan is already funded.
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