Working capital financing for a well-known retailer of sports inventory
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, sports watches, fitness equipment, and other specialized sporting goods. The Company’s wide range of sports goods serves both recreational users and professional athletes. After more than a decade of operations, the Company has positioned itself as a recognized and trusted supplier of high-quality sports equipment and accessories in the Baltic region. Currently, the Company operates an online store and 2 physical shops in Kaunas and Vilnius. As the winter season is coming up the Company needs to prepare by acquiring additional inventory and supplies for sale.
Therefore, the Company is seeking EUR 52,160 financing for 24 months to purchase additional goods for sale. The loan will carry a 10,68% annual interest rate (0.89% monthly) and it will be amortized monthly. Both the manager and the shareholder of the Company will provide personal guarantees for the loan. The project risk rate is C (74 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:
- Two personal guarantees from the manager and the shareholder will be provided;
- 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 an excellent payment discipline and has repaid over EUR 974,000 in principal.
Latvia 
Lithuania 
Estonia