The Company founded in 1992 is a family-run business that provides logging and log transportation services. Since 2008 the Company has provided services to state company Latvijas Valsts Meži, which is the main client. Additionally, it has been working with one of the largest private logging companies in Latvia since 1999. The Company operates 3 harvesters, 3 forwarders, and 6 log transportation trucks.

The Company wants to purchase additional machinery to increase efficiency. The machinery will be leased from leasing companies, however sizable advance payments are required. Therefore, the Company is seeking EUR 102,884 working capital financing for 12 months to stabilize its cash flow, settle with suppliers and employees. Investors are offered a 11.04% annual interest rate (0.92% monthly) with a monthly amortization schedule starting from the fourth month. A personal guarantee of the Company’s manager is provided. The project risk rating is B (87 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 logging industry.
• A personal guarantee of the Company’s manager is provided.
• The Company’s main clients are a state institution and one of the largest private companies in the industry.
• The Company is an existing of Capitalia with excellent payment discipline and has succesfuly repaid more than EUR 200,000 loan principal since 2022.
• In 2023, the Company reached its record turnover exceeding EUR 4M.