Baltic Wood Supplies - purchase of raw materials with discount|Round 7
100% Funded

100%
100%
Need:0.00€
Min.:0.00€
Interest rate:30%
Period:1 months
This loan comes with a Crowdestor buyback guarantee.
Target: 55 000€
Min. target: 30 000€
Opens: 2021/01/08
Expires: 2021/01/29
Type: SME
Location: Latvia
Investors: 310

SUMMARY

CROWDESTOR would like to announce a new project opportunity for our investors in the wood processing, cork, and paper production industry. 

* Find the full Credit report in the attachment

INVESTMENT OPPORTUNITY

Current investment opportunity offers CROWDESTOR investors to make a loan with a 30% annual interest rate with a monthly repayment of the principal amount and the interest. The funding target is EUR 55 000. 

SECURITY PROVIDED

The loan is secured with a personal guarantee from the company shareholder. 

LOAN

Funding Target: EUR 55 000,00 

Minimum Funding Target: EUR 30 000,00

Loan term: 1 month

Interest rate: 30 % p.a.

Interest payments: bullet payment at the end of the Loan term.

Loan repayment: bullet payment at the end of the Loan term.

Collateral: Private guarantee

About the Borrower

SIA Baltic Wood Supplies was established in 2010 and is operating in the field of wood processing, cork, and paper production. The company manufactures and sells processed wood products such as cork and paper to wholesale and retail partners. SIA Baltic Wood Supplies offers its products in Baltic countries. The company is product-centered, putting high-quality manufacturing as its top priority. The high quality of the offered products has created a long-term collaboration with their partners, making the company a stable and trusted player in the Baltic market.  The borrower has successfully completed five campaigns on the CROWDESTOR platform and has been following the repayment scheduled accordingly. 

 

Name of the company

SIA Baltic Wood Supplies
Registration number 40103328872

Registration date

04.10.2010

Registration country

Latvia

Legal address Zilā iela 22, Rīga, LV-1007
Shareholders

Andrejs Augstkalns

Board member

Andrejs Augstkalns

Actual address

Zilā iela 22, Rīga, LV-1007

 

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