Waiting for investments

LT0000404, Loan for a mobile shredder for stone and other solids

Raised:
87 316.00 €
Goal:
225 500.00 €
Loan number
LT0000404
Yearly return rate
10 %
Goal
225 500.00 €
Loan period
36 Months
Risk rating
A
Extra measures
Pledge of assets, Personal surety, Additional surety
Investors
107
Location
Lithuania
Introduction
Detailed Information
Project owner
Project risks
Documents

Secondary market

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Introduction

About the project

The company, which has only recently started operations, specialises in the rental of quarry and road construction equipment. The company owns a quarry screening plant, which is currently rented out for gravel processing.

Although the project owner has only been operating for four months, the company's management is negotiating long-term contracts with the largest Lithuanian road construction companies and quarries for the recycling of construction materials, i.e. stone, concrete blocks, asphalt and other hard materials, due to the high demand. For this purpose, the company purchases a mobile shredder Kleemann MCO9EVO for crushing stone and other solid materials. The loan will be secured by a pledge of the purchased machinery, which has a very high residual value, and by sureties of legal and natural persons. These individuals have extensive experience in road construction and bulk product processing.

The project has been assessed on the basis of the financial statements of the guarantor company, as the project owner has not yet been able to generate income due to the very short period of operation.

Annual interest - 10%

Detailed Information

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Project owner

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Project risks

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Documents

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Investments

No investments found.

Calculate investment

Amount
100
100
138100
100
Interest
%
10
10
0
10
Expected return
0 €
Fee
0 €

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Success

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