Wholesaler and retailer of wigs, hair and nail care products in LithuaniaBack to all Lending opportunities
SummaryThe Company, which was established in 2003, does retail and wholesale trade of hair, wigs, professional nail, hair and mascara products. The Company owns 3 brands: Ba-Ha Professional, Ba-Ha Lash Extension, Baltic Hair. The Company is seeking additional financing of EUR 104,000 for a 24-month period in order to open a warehouse in Poland and increase inventory. Investors are offered a 14.04% annual (1.17% monthly) interest with a monthly amortization schedule. The loan is secured with an inventory pledge and a personal guarantee from the business owner.
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 operating for 16 years and its manager has 12 years of experience in this industry;
- Low level of financial debt and significant equity capital amount;
- Financing is well secured with inventory pledge of EUR 800,000 and owner’s personal guarantee;
- The Company has excellent partnerships with key clients for multiple years.