The Company, founded in 2004, is a lingerie manufacturer that operates in Latvia and mostly exports their products to Central European countries. The Company does not have a physical store and rather sells its products on its webpage and works closely with other underwear retailers where their products are sold under private label brands. The Company’s main products include bras, underwear, shapewear, nightwear, accessories and other lingerie items.

Last December the Company signed an agreement with a large retailer for development and manufacturing  of a specific lingerie product line. After successfully completing the trial batch, the Company has received an order to continue the cooperation further. As a result, the Company would require additional working capital for the start of the production, purchase materials and cover salaries.

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 experienced and has operated in the industry for more than 20 years.
• The Company has a healthy equity to assets ratio of 41%.
• Both owners of the Company will provide personal guarantees for the loan.