Rotating equipment engineering and service company

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Summary
The Company specializes in design, sales, maintenance and service of rotating equipment such as compressors, gas engines, power generators, filtrations units, monitoring and production control systems. The Company is currently looking for financing of EUR 101,700 for 4 months period in order to make the final payment to crankshaft manufacturer. The loan is secured with collateral of residential property in Vilnius with the market value of EUR 85,200, company’s long-term assets pledge and a personal guarantee from the manager. Lenders are offered 14.04% annual (1.17% monthly) interest with monthly interest payments and principal payment at the end of the term. 

There is a number of factors that make lending to the Company an attractive opportunity and the main highlights are the following:
  • Financing is secured with liquid real estate collateral and the company’s long-term assets pledge;
  • The manager has over 20 years of experience and its management team has more than 10 years of experience in the industry;
  • The Company has no liabilities to financial institutions;
  • Personal guarantee from the key manager.
 
ID 11538-2019-1
Industry Engineering
Location Lithuania
Loan type Bullet
Term 4 months
Expected return 14.04%
Interest rate Monthly
Amortisation At the end of term
Risk grade C (70 out of 100)
Personal warranty Yes
Collateral Yes
Capitalia's cofinancing 5700
Target amount 101700
Successfully funded