Working capital financing for an experienced clothing retailer

Summary

The Company is a fashion retailer focused on women's everyday and festive apparel. While design and development occur in Tallinn, Estonia, production is outsourced globally. The Company operates primarily in Latvia, while the group operates across all the Baltics and has an online store.

Due to recent ownership changes in the parent group, the Company is facing supply chain disruptions, making it hard to secure stock for spring/summer collections. This has led to working capital challenges, and the Company now needs additional financing to purchase inventory for the autumn/winter seasons.

Therefore, the Company is seeking EUR 52,100 financing for 12 months for working capital. The loan will carry a 8.88% annual interest rate (0.74% monthly) and it will be amortized monthly. One of the UBOs will provide a personal guarantee for the loan. The project risk rate is B (82 out of 100).
Key investment highlights

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 no active financial liabilities.
  • The Company has more than 20 years of experience in the industry.
  • One of the UBOs will provide a guarantee for the loan.
ID 18711001-LV
Industry Clothing retail
Location Latvia
Loan type Business loan
Term 12 months
Expected return 8.88%
Interest rate Monthly
Amortisation Monthly
Risk grade B (82 out of 100)
Personal warranty From one of
beneficial owners
Collateral None
Target amount 52100
Successfully funded
This loan is already funded.
Missed it? Read more about Advised account service or setup Autoinvest feature