Founded in 2004 the Company is an experienced builder of commercial and residential buildings. Currently, it has around 40 employees and provides services all over Latvia. Main customers are various municipalities and their institutions. The Company has established good cooperation for construction of new shops with an international retail company expanding in Baltic states, ensuring significant and predictable project pipeline. Almost all construction work is subcontracted, however, there is also a related company partly providing workforce and equipment rental. As it is typical in the construction business, part of incoming payments from customers has been withheld as a warranty period guarantee and is being released after a certain project is finished and insurance policy is submitted. Due to part of the Company’s working capital is frozen in withholdings currently the Company is looking for working capital financing in the amount of EUR 306,200 for a 3-month period to settle with suppliers and to start execution of new orders. The loan will carry 13,92% annual interest rate (1,16% monthly). In parallel, the Company completes formalities for obtaining a credit line of EUR 500 thousand from the bank and a significant part of the current project will be finished in September and October. Repayment of the loan is based on the execution of existing orders, as well as, obtaining a credit line will give the additional availability of working capital.  The loan is secured with a personal warranty from the owner and a related company which owns real estate properties worth more than EUR 3 million.