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Meat processing factory
100% Funded

100%
100%
Need:0.00€
Min.:0.00€
Interest rate:24%
Period:12 months
Target: 65 500€
Min. target: 30 000€
Opens: 2020/04/23
Expires: 2020/05/23
Type: SME
Location: Latvia
Investments: 375

Summary

The current investment opportunity offers CROWDESTOR investors to make a secured loan to Ramatas Plus SIA. 

Starting from 2014 Ramatas Plus SIA has had a successful cooperation with the biggest retail chains in the Baltic region as RIMI Baltic and MAXIMA Latvija. 

Ramatas Plus SIA turnover in 2018 was 12.42 million EUR, profit 0.352 million EUR.

In view of processed meat product demand growth from the begging of 2020Ramatas Plus sees about 30% increased sales compared to 2019. 

In the end of 2019 Ramatas Plus has signed an agreement with MAXIMA Estonia, which allowed to start expanding export sales. 

Loan will be used to finance cooperation and distribution of processed meat productwith MAXIMA Estonia. Loan amounts will be used on a revolving basis, i.e. funds received from MAXIMA Estonia for sold processed meat productwill be used to finance the next delivery dedicated to MAXIMA Estonia.  

Current investment opportunity offers CROWDESTOR investors to make a loan with   24% annual interest rate with a monthly repayment of the principal amount and interest. Minimum target to be raised in this fundraising phase is EUR 30 000 and the maximum target is EUR 250000. 

The loan is secured with a commercial pledge on the total stock of the company and a personal guarantee from company management.    

 

Loan

Minimum target: EUR 30'000

Maximum target: EUR 65'500 

Loan term: 12 months. 

Interest rate: 24 % per annum. 

Interest payments: paid monthly.

Loan repayment: repaid monthly in similar instalments

Crowdestor BuyBack fund: Yes. 

Collateral: Personal guarantee from company management.

 

About Borrower

Ramatas Plus SIA began to build its cooperation with retail chains in 2014 and up until now has made success being represented with its products in the food retail chain in RIMI Baltic and MAXIMA Latvija, Maxima Estonia, Top!, Mego Baltstor Lats, Elvi, Beta, SanitexAibeDepo. 

Ramatas Plus SIA turnover in 2018 was 12.42 million EUR, profit 0.352 million EUR.

 

Company has also started to actively involve export trading companies in UK and Germany. 

Company’s development so far has been financed by personal funds of the owners. Sales ensure that all monthly payments to investors, both interest and principal amount, are in line with schedule despite current overall situation.   

Ramatas Plus sees around 30% increase of processed meat product demand sales compared to 2019 among major clients from middle to expensive class supermarkets. 

Seeing high demand for their products and having received offer from MAXIMA Estonia to cooperate the company decided to obtain additional financing for further development. 

The company wishes to borrow loan with the minimum total amount of EUR 30 000 and the maximum of EUR 250000 to satisfy demand of the processed meat products from one of the leading retail chainin Estonia - MAXIMA Estonia.  

Funds will be used on a revolving basis, i.e. funds received from MAXIMA Estonia for sold processed meat products will be used to finance the next delivery dedicated to MAXIMA Estonia. As well funds will be used to purchase new packaging machine for production of special Estonian product line requested by the chain. 

Estimations based on the existing cooperation with retail chain MAXIMA Estonia and approved plans, Ramata Plus is forecasting EUR 50000 – EUR 150 000 turnover in 2020 and EUR 150000 – EUR 350 000 turnover in 2021 on processed meat products sales through MAXIMA Estonia each month. 

This allows Ramata Plus to offer investors monthly repayment of the loan amount from second month and interest payments each month. The loan therefore will be repaid fully during 12-month period by the instalments.  Repayment of the loan is secured by personal guarantee from company management.  

Name of the company

RAMATAS PLUS, SIA

Registration number

40103734514

Registration date

25.11.2013

Registration country

Latvia

Legal address

Granīta iela 10, Rīga, LV-1057

Shareholder

Agapova Jeļena

Board member

Agapova Jeļena

Actual address

Granīta iela 10, Rīga, LV-1057

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