Founded in 2019 and based in Riga, the Company specializes in the rental of technical equipment for events. Its product offering includes a wide range of tents, tables, chairs, benches, and textile products such as tablecloths, napkins, table skirts, etc.  The Company services a broad array of event types, including music festivals, conferences and large-scale sporting events. The Company has developed a well-diversified and reputable client base, including Latvia’s leading marketing agencies, organizers of major sports events and festivals, as well as Latvia's largest enterprises. Operations are supported by rented storage facilities located in Buļlu street 45 in Riga. The Company employs four people for inventory management, as well as for sales and administrative tasks, while outsourcing assembly work and transportation to its partners.

The Company’s operations are strictly seasonal, with most of the sales taking place in the summer season. This year, the Company would like to borrow funds to cover expenses during the off-season. The Company has stated that this year they plan to enter the Lithuanian and Estonian markets, and thus they would require additional investments in creating a new modern website and purchase additional inventory to ensure volume.

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 a well-diversified client portfolio, with the top five clients accounting for less than 20% of total turnover.
• The Company is a historical client of Capitalia with an excellent payment discipline.
• The Company has been profitable every year since its establishment, maintaining a profit margin well above the industry average.