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Wine & Beer Distributor - working capital increase
100% Funded

100%
100%
Need:0.00€
Min.:0.00€
Interest rate:21.5%
Period:12 months
Target: 10 000€
Min. target: 10 000€
Opens: 2021/03/17
Expires: 2021/04/07
Type: SME
Location: Latvia
Investors: 84

SUMMARY

CROWDESTOR would like to announce a new investment opportunity in the industry of Wholesale and Retail sales.

The wine and beer distributor company SIA Alcoline M needs funds to increase working capital.

Heading into summer company seeks an opportunity to purchase beverages for a better price. The most significant challenge during a period of peak demand is securing supply. 

High competition between businesses can result in ordering costs escalating steeply during the high-season. Rather than responding to peak demand, SIA Alcoline M plans to secure a base level of supply ahead of time.

The company operates in a market for 4 years and has loyal customers. SIA Alcoline M imports wine from Hungary and Beer from Lithuania. Beverages are sold in stores owned by the company, to other distributors as well to corporate events. 

Current investment opportunity offers CROWDESTOR investors to make a loan with an interest rate 21.5% p.a. rate with a monthly repayment of the principal amount and the interest. The funding target is EUR 10 000. 

LOAN

Minimum target: EUR 10 000,00
Maximum target: EUR 10 000,00
Loan period: 12 months
Interest rate: 21.5 % p.a.
Repayment: Interest payments are paid monthly. Loan principal - repaid monthly in similar installments. 
Collateral: A personal guarantee from the company shareholder.
Location: Latvia
CROWDESTOR Provision Fund: Yes

Remember - interest rate payments start calculating from the day you make your investment!

About the Borrower

Company name: SIA Alcoline M
Registration number: 40203070996
Registration date: 23.05.2017
Registration country: Latvia
Legal address: Stirnu iela 48 - 45, Rīga, LV-1084
Actual address: Stacijas iela 129J, Daugavpils, LV-5401
Board member Jevgenij Paliunis
Shareholders Jevgenij Paliunis

 

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