Powder coating and shot blasting company in Lithuania

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Summary

The Company, established in 2001, is one of the biggest powder coating companies in Lithuania. Company’s services include powder coating and shot blasting of metal and metal constructions. The Company is currently looking for additional financing of EUR 52,000 for 24 months period in order to purchase additional shot blasting equipment and refinance currently active Capitalia loan. The loan is secured with inventory and equipment pledge in the amount of EUR 100,000 and with a personal guarantee from the manager. Lenders are offered 15% annual interest rate with a monthly amortization schedule. The Company has been a long-term client of Capitalia with excellent payment discipline.
 

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

  • Company's management has 15 years of experience in this industry;
  • The loan is secured with inventory and equipment pledge as well as with a personal guarantee from the manager;
  • The Company has 18 years track record of successful operations;
  • Excellent previous cooperation with the Company with total repaid loans of over EUR 55,000.
ID 4911-2016-3
Industry Powder coating
Location Lithuania
Loan type Standard
Term 24 months
Expected return 15.00%
Interest rate Monthly
Amortisation Monthly
Risk grade B (82 out of 100)
Personal warranty Yes
Collateral Inventory and tangible assets pledge in the amount of EUR 100,000
Capitalia's cofinancing 3000
Target amount 52000
Successfully funded