Ar nekustamā īpašuma ķīlu nodrošināts aizdevums celtniecības uzņēmumam Lietuvā
Kopsavilkums
The Company was established in 2011. The main area of activity is the construction, installation and renovation of buildings. Most part of the Company’s turnover comes from public tenders with municipalities. Currently, the Company has signed construction projects with Jurbarkas, Panevėžys and Pakruojis municipalities in the amount of EUR 450 thous. In addition, the Company is developing 4 cottage houses in Vilnius. Currently, the Company is seeking EUR 72,390 for 12 months to finance ongoing projects and finish the interior in the cottage houses. The loan is secured with real estate collateral worth EUR 127,000 and a personal guarantee from the manager. Lenders are offered 12.00% annual (1.00% monthly) interest with a monthly amortization schedule.There is a number of factors that make lending for the Company an attractive opportunity and the main highlights are the following:
- Financing is secured with a personal guarantee from the manager and real estate collateral worth EUR 127,000 (57% LTV);
- The manager has 10 years of experience in the industry and is running the Company since its’ establishment;
- The Company has signed projects with municipalities in the amount of EUR 450 thous.;
- The Company has a low level of financial debt and significant equity capital amount;
- The Company has a track record of growth since the beginning of operations.