The Company, founded in 1993, specializes in the production of women’s underwear. The Company’s products include bras, panties, shapewear, nightwear, and accessories. The Company has its own factory; however, some services are outsourced from other companies in the Baltics. The Company exclusively operates through e-commerce and does not have a physical store. The products can be delivered to customers across Europe. Currently, the Company is seeking additional capital to refinance active bank loan and support its continued growth and expansion. Therefore, the Company is seeking EUR 309,000 financing for 36 months to refinance active bank loan, further develop e-shops, pay suppliers, invest in advertising and keep sufficient stock levels. The loan will carry a 9.60% annual interest rate (0.80% monthly) and it will be partially amortized in 36 months on a 60-month schedule and remaining principal payment at the end of the loan term. The loan will be secured with a first-rank commercial pledge on the Company’s assets with a book value of EUR 2.4M. In addition, the owner of the Company will provide a personal guarantee.

The project risk rate is A (94 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 has 30 years of experience in the women’s underwear production industry.
• The loan will be secured with a first-rank commercial pledge on the Company’s assets with a book value of EUR 2.4M;
• The Company’s owner will provide a personal guarantee.
• The Company has a significant equity capital of over EUR 1.8M, which stands for 73% of the Company’s assets.
• The Company has maintained a stable profit margin for the last 4 years.
• The Company is a returning client of Capitalia with excellent payment discipline and over EUR 155 thous. of repaid loans.