Working capital financing for a residential renovation contractor
A construction company, established in 2020, has been profitably renovating multi-apartment buildings by participating in public tenders. Currently, the Company has 4 active construction projects with an expected total payout of around €5 million, scheduled for completion in mid- to late-2027.
The Company is seeking working capital financing for salaries and construction materials required to complete these ongoing projects. The loan repayment is planned from the proceeds after the projects are finished.
In order to finish the construction works, the Company is seeking EUR 52,040 financing for 12 months. The loan will carry a 14.28% annual interest rate (1.19% monthly) and it will be amortized monthly. The owner of the Company will provide a personal guarantee. The project risk rate is D (67 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:
There are a number of factors that make lending to the Company an attractive opportunity and the main highlights are as follows:
- Reliable income stream due to the Company working exclusively with government and public tender contracts.
- The Company has low financial liabilities.
- Diversified project portfolio, with four major active projects across two cities, reducing reliance on any single project.
- The owner of the Company will provide a personal guarantee.
Latvia 
Lithuania 
Estonia