Working capital financing for the manufacturer of storage buffer tanks (II)

Summary
The Company specializes in the production of storage buffer tanks and multi-functional tanks, installation of boiler rooms, automation of heating systems. The Company has over 70 regular customers, including merchants and other heating equipment installers. Currently, the Company is looking for EUR 12,522 for 18 months to purchase raw materials needed for production. Lenders are offered 7.56% annual interest (0.63% monthly) with monthly amortization. The loan is fully secured by a guarantee from the European Investment Fund as well as a personal guarantee from the owner.

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

  • The loan is fully secured with the European Investment Fund guarantee and owners personal guarantee;
  • The Company is an existing client of Capitalia since 2013 and has already repaid loans with a total amount of over EUR 114,000.
ID 2064-17-LT
Industry Manufacturing
Location Lithuania
Loan type Business loan
Term 18 months
Expected return 7.56%
Interest rate Monthly
Amortisation Monthly
Risk grade A+ (100 out of 100)
Personal warranty Yes
Collateral Capitalia buyback
guarantee
Capitalia's cofinancing 1522
Target amount 12522
Repaid
This loan is already funded.
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