The Company was founded in 1991 and operates in 3 industries –  office equipment retail and wholesale trade, Swiss watches retail trade and sports timing devices retail trade. Altogether the Company has 3 retail watch stores and 1 office equipment store in Riga. Currently the Company is looking for a EUR 18,720 working capital loan for 4 months to supplement the inventory and buy office equipment for further sale to pre-agreed buyers. The loan will carry a 16.08% annual interest (1.34% monthly) and it will be amortised monthly. The loan is secured by two personal guarantees from the board members of the Company.

The Company is a repeated client of Capitalia and has successfully repaid 4 loans in the total amount of EUR 116,000 with an 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:

• The Company has 29 years of experience in the wholesale and retail field;
• The Company is an existing client of Capitalia, showing an excellent payment discipline by having repaid four loans on time;
• Repayment of the loan is based on the income from pre-agreed buyers;
• The loan is secured with two personal guarantees.