Working capital financing for an experienced woodworking company

Summary

Founded in 2000 and based in Riga, the Company has business in manufacturing of timber and it cooperates with leading wood producers in Latvia and across Europe, focusing on both products and supporting services in the lumber sector. The company operates from its premises at Ilzenes iela 2A, Riga, Latvia. 

The Company is restructuring its liabilities and is looking for financing to partly refinance a loan from another legal entity. Therefore, the Company is seeking EUR 52,280 financing for 24 months for working capital needs. The loan will carry a 11.28% annual interest rate (0.94% monthly) and it will be amortized monthly. Both owners of the Company will provide their personal guarantees for the loan. The project risk rate is C (71 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:

  • Both owners of the Company will provide their personal guarantees for the loan.
  • One of the Company’s shareholders, who joined in the middle of 2025, is an experienced corporate finance professional with a proven record of leading successful enterprise turnarounds.
  • The Company and its owners have more than 25 years of experience in the industry.
ID 13319003-LV
Industry Manufacturing
Location Latvia
Loan type Business loan
Term 24 months
Expected return 11.28%
Interest rate Monthly
Amortisation Monthly
Risk grade C (71 out of 100)
Personal warranty From both owners
Collateral None
Target amount 52280
Successfully funded
This loan is already funded.
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