Working capital financing for stage equipment production company (III)
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.