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Company was founded in 2010 by a team of IT specialists who brought together their knowledge of various software systems about the transport industry and technology. Since foundation Kleintech Services SIA has been providing transport security solutions, software development, support and maintenance services for many of the largest Latvian private and state companies. Currently company is looking for financing of EUR 176,500 for 24-month period to ensure working capital for realization of long-term project with Latvian Railways and other projects. Funding will be granted to Kleintech services SIA but used, serviced by two companies – Kleintech Services SIA and related company Analytica SIA. Investors are offered 15% annual (1.25% monthly) interest with quarterly amortization schedule. Loan is secured with personal guarantee from the key manager and owner, as well as guarantee from the related company Analytica SIA. Both companies Kleintech Services SIA and Analytica SIA have been historic clients of Capitalia with excellent payment history.
There is a number of factors that make investment in the Company an attractive opportunity and the main highlights are the following:
- Excellent previous cooperation with company the management that has repaid total of 135k EUR loans through this and affiliated companies;
- The management has more that 10-year experience in IT industry;
- Significant pipeline of signed contracts for implementation exceeding EUR 2 million over the next 2 years;
- Loan is secured with personal guarantee from manager as well as guarantee from Analytica, SIA.