Working capital financing for stage equipment production company (III)

Summary

The Company, established in 2008, manufactures equipment for stage - pulleys, winches, stage curtain mechanisms, etc. The Company designs, orders different components and assembles them according to customers’ needs.  Currently, the Company has a significant active project flow. Therefore, the Company is seeking EUR 25,000 financing for 6 months to finance the project execution. The loan will carry a 6.6% annual interest rate (0.55% monthly) and will be amortized monthly. The financing benefits from a guarantee from the European Investment Fund which allows Capitalia to provide a buyback guarantee in case such guaranteed loan becomes default.

There are a number of factors that make lending to the Company an attractive opportunity and the main highlights are as follows:

  • The loan benefits from a guarantee from the European Investment Fund which allows Capitalia to provide a buyback guarantee in case such guaranteed loan becomes default.
  • The loan is secured by a personal guarantee from the owner.
  • The Company has a history of turnover growth.
  • The Company has more than 10-year experience in the industry.
ID 3490-7-LV
Industry Manufacturing
Location Latvia
Loan type Business loan
Term 6 months
Expected return 6.6%
Interest rate Monthly
Amortisation Monthly
Risk grade A+ (100 out of 100)
Personal warranty Yes
Collateral Capitalia buyback
guarantee
Capitalia's cofinancing 3000
Target amount 25000
Repaid
This loan is already funded.
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