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 357,100 working capital financing for 24 months to purchase bicycles, summer sports inventory, make prepayments to main suppliers and refinance Capitalia loans. Active loans are refinanced to release the collateral that will be pledged in this loan. The minimum amount to close the project is EUR 307,100. Lenders are offered an 11.40% annual (0.95% monthly) interest rate with a monthly amortization schedule. The loan is secured with a pledge on the Company’s assets with a book value of EUR 780 thous. and two personal guarantees from the manager and shareholder. 

The Company has excellent previous payment discipline with Capitalia and has repaid over EUR 650 thous. loans.

There are a number of factors that make lending to the Company an attractive opportunity and the main highlights are as follows:

• Two personal guarantees from the manager and the shareholder will be provided.
• The loan is secured with a pledge on the Company’s assets with a book value of EUR 780 thous.
• The manager has 16 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 650 thous.