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Road Construction Company - working capital increase
100% Funded

100%
100%
Need:0.00€
Min.:0.00€
Interest rate:22%
Period:12 months
Target: 50 000€
Min. target: 10 000€
Opens: 2021/03/23
Expires: 2021/04/13
Type: SME
Location: Latvia
Investors: 434

Summary

CROWDESTOR would like to announce a new investment opportunity in the road construction industry - Road Construction Company - working capital increase.

Current investment opportunity offers CROWDESTOR investors to make a loan to SIA KF Grupa with a term of 12 months and interest of 22% p.a. that is paid monthly. The financing target in this round is EUR 50 000.

The company mainly realizes public and municipal projects and actively participates in procurements. The company takes part in big procurement projects as a subcontractor. The company realizes private projects as well. The company needs additional funds to renew its technical capacity before the season starts.

The future business goals are to develop a technical park and engineering potential in order to strengthen its position in the Latvian market as a stable road construction company. In order to improve competitiveness and ensure the continuity of work, SIA KF Grupa considers the possibilities to provide a wider range of services related to road construction - construction of utilities, civil construction, to establish its own network of mineral mines and quarries.

LOAN

Minimum target: EUR 10 000.00 
Maximum target: EUR 50 000.00 
Loan period: 12 months
Interest rate: 22% p.a.
Repayment: Interest payments are paid monthly. Loan principal - repaid monthly in similar installments. 
Security: A personal guarantee from the company's member of the board, Beneficial owner of the company
CROWDESTOR Provision Fund
Yes
Location: Latvia

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

* Find the full Credit report in the attachment

About the company 

SIA KF Grupa was established in 2014 and is operating in the construction of roads and bridges. The company mainly focuses on constructing asphalt concrete and cobblestone streets, squares, sidewalks, and walkways. The staff of the company has stabilized over time and proven themselves.

Services:

  • Construction of asphalt concrete and cobblestone streets, squares, sidewalks, and paths
  • Improvement works
  • Equipment rental
  • All types of excavation and leveling work, excavation of foundations, digging and cleaning ditches, ponds.
  • Reclamation works
  • Pothole repair
  • Traffic organization projects, horizontal road markings, road signs Estimation services
Company name: SIA KF Grupa
Registration number:
40103836501 
Registration date: 14.10.2014 
Registration country: Latvia
Legal address: Baldones nov., Baldone, Līvānu iela 16
Actual address: Baldones nov., Baldone, Līvānu iela 16
Board member Kaspars Fricsons
Shareholders Kaspars Fricsons

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