Supplier of fresh and frozen food productsBack to all Lending opportunities
Company, established in 2013, does wholesale trade of fresh and frozen food products. Their product range includes fruits, berries and wild mushrooms. Company provides flexible, customer-focused solutions, from product packaging to product delivery for their local as well as foreign buyers such as HoReCa, bakeries and ready meals producers. Company is seeking additional financing of 61,890 EUR for 12 months period in order to purchase required inventory for new line of product – frozen fries. Loan is secured with real estate pledge of 2- room apartment in Tartu, Estonia with total area of 74.4 sq/m and market value of 83,000 EUR. Investors are offered 13.80% annual (1.15% monthly) interest with monthly amortization schedule.
There is a number of factors that make investment in the Company an attractive opportunity and the main highlights are the following:
- The manager has 15 years of experience in industry and is running company since its’ establishment;
- The company has a track record of growth since beginning of operations;
- Financing is secured with real estate mortgage, as well as personal guarantee from the manager;
- New product line is expected to further boost sales growth.