Pieredzējis mežsaimniecības uzņēmums Latvijā
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Kopsavilkums
The Company was established in 2011 and is operating in the forestry business. The Company acquires forest land properties to log and sell timber. Resulting lands are gradually sold to other forestry companies for long-term management. The Company owns a timber harvester for logging activities, while other services are outsourced. To purchase additional properties, the Company is seeking financing of EUR 81,950 for 3 months period. The loan will carry an 11.52% annual interest rate (0.96% monthly) with principal repayment at the end of the term. The loan is secured with forest land properties with total area 98.8ha as well as a personal guarantee from the owner. There is a number of factors that make lending to the Company an attractive opportunity and the main highlights are the following:
- The management has over 10 years of experience in the forestry industry;
- The loan is secured with mortgage pledge to forest land properties with a total area of 98.8ha as well as a personal guarantee from the owner;
- The repayment of the loan is based on a sale of owned land plots with a pre-agreed buyer.
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