Working capital financing for an experienced pool equipment provider and installer (II)

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Summary
The Company was founded in 2010 and its main activity is sale and installation of swimming pools and pool accessories. The details and finished pools are imported from Poland and resold to companies and private individuals in Estonia. In 2020, the Company experienced an increase in its demand due to Covid-19 and the clients deciding to spend holidays at home, but the factories in Poland were unable to execute all orders on time. Therefore, this year the Company plans to order the goods and materials in advance to reduce the risk of delays. The Company is seeking EUR 25,000 financing for 12 months to purchase more details and equipment from the Polish manufacturers. The loan will carry a 6.48% annual interest rate (0.54% monthly) and it will be amortised monthly. The loan is fully secured by a guarantee from European Investment Fund as well as a personal guarantee from the owner.   

The Company is a repeated client of Capitalia, having repaid EUR 10,400 loan on time.

There is a number of factors that make investment in the Company an attractive opportunity and the main highlights are as follows:
  • The loan is fully secured with European Investment Fund guarantee and the owner’s personal guarantee.
  • The Company has more than 10 years of experience in the industry.
  • The Company is a repeated client of Capitalia, having shown an excellent payment discipline.
  • The Company has no other existing liabilities and a strong equity-to-assets ratio of 98%.
ID 13921-2-EE
Industry Retail
Location Estonia
Loan type Business loan
Term 12 months
Expected return 6.48%
Interest rate Monthly
Amortisation Monthly
Risk grade A+ (100 out of 100)
Personal warranty From owner
Collateral Full guarantee from European Investment Fund
Capitalia's cofinancing 3000
Target amount 25000
Successfully funded