Manufacturing and engineering expert in Latvia (II)

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Summary
The Company established in 1991 and is an experienced engineer and producer of manufacturing equipment and production lines. The Company is specialized in the production of the fish processing facilities, however, the Company produces and supplies packing and manufacturing equipment to a wide range of production companies. Machinery produced by the Company has been exported to more than 40 countries worldwide and export forms 80% of total turnover. Due to the expansion of commercial activities and cash flow irregularities, the Company is seeking additional financing of EUR 152,840 for 2 month-period in order to execute existing projects and settle with suppliers while pending payments from customers have not been received yet. Investors are offered 11,52% annual (0,96% monthly) interest with monthly interest payments and principal repayment at the end of the term. The loan is secured with personal guarantees form both beneficial owners of the Company.

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

  • The Company has been successfully operating in the industry for over 25 years;
  • The management has a vast experience in the engineering and production business;
  • The Company has a track record of growth and profitability;
  • Personal warranty from both owners;
  • The Company is technology and innovation oriented.
  • Excelent payment discipline for previous loan with Capitalia

 

ID 12107-2019-2
Industry Manufacturing
Location Latvia
Loan type Bulet
Term 2 months
Expected return 11.52%
Interest rate Monthly
Amortisation No
Risk grade A (91 out of 100)
Personal warranty Yes, 2
Collateral No
Capitalia's cofinancing 7635
Target amount 152840
Successfully funded