The Company was established in 2005 and is a retailer of boats, as well as related equipment and accessories. In addition, the Company provides winter storage and a full range of boat repair works. Company’s customers are primarily individuals, however, occasionally the owners cooperate with government institutions like the military, fire safety and civil protection units.

Recently, the Company has received an order from the State Centre for Defence Logistics and Procurement to deliver a certain amount of hook and line kits. As per the agreement, the kits have to be delivered by the end of October 2024. The agreement with the State Centre for Defence Logistics and Procurement  has already been signed. 

Therefore, the Company is seeking EUR 51,800 financing for 6 months to execute a public procurement project. The loan will carry a 13.44% annual interest rate (1.12% monthly) and it will be amortized at the end of the term. A personal guarantee from the company owner is provided. The project risk rate is C (75 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 Company  is profitable and has a 15-year track record of successful operations.
• The source of loan repayment is clear- the agreement with the final buyer has already been signed.
• Personal warranty from the owner of the company is provided.
• The Company has no external financial liabilities.