Working capital financing for an experienced scaffolding rental company
The Company, based in Riga, has been operating for more than 18 years and it provides scaffolding services - facade scaffolding rental, assembly and disassembly services, trade and transport services, fences, etc. with more than 1200 projects done in Latvia and Sweden. The Company aims to secure prepayments to suppliers of scaffolds in order to increase its stock before the off-season, in order to avoid delays when demand spikes in the spring.
Therefore, the Company is seeking EUR 21,022 financing for 24 months to settle with suppliers. The loan will carry a 9.84% annual interest rate (0.82% monthly) and it will be amortized monthly. Personal guarantee from the owner will be provided. The project risk rate is C (79 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:
- Personal guarantee from the owner will be provided.
- The Company is well-established with over 18 years of operational experience
- The Company has been profitable for the last 11 years.










