The Company was established in 2009. The main activity of the Company is the retail sale of sports inventory. The Company’s product range includes skiing, snowboarding, tennis, cycling inventories, sports watches, and more. Currently, the Company has an online store and 2 physical shops in Kaunas and Vilnius. The Company is seeking EUR 51,804 working capital financing for 24 months to purchase winter sports inventory and make a prepayment to the main supplier. Lenders are offered a 12.96% annual (1.08% monthly) interest rate with a monthly amortization starting from the third month. The loan is secured with a fourth-row pledge on the Company’s assets with a book value of EUR 736 thous. and two personal guarantees from the manager and shareholder. Capitalia holds the first-row pledge on a loan with EUR 82 thous. active principal, the second-row pledge on a loan with EUR 86 thous. active principal, the third-row pledge is held by Capitalia on a loan with EUR 78 thous. active principal.

The Company has excellent previous payment discipline with Capitalia and has repaid over EUR 562 thous. loans.

The project risk rate is C (79 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 loan is secured with a fourth-row pledge on the Company’s assets with a book value of EUR 736 thous. and two personal guarantees from the manager and shareholder.
• The Company has no liabilities to other financial institutions.
• The manager has 14 years of experience in the industry and has been running the Company since its establishment.
• The Company is a returning client of Capitalia with excellent payment discipline and has repaid over EUR 562 thous.