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Rando-K Construction Company - working capital increase
100% Funded

100%
100%
Need:0.00€
Min.:0.00€
Interest rate:17%
Period:12 months
Target: 10 000€
Min. target: 10 000€
Opens: 2021/04/20
Expires: 2021/05/11
Type: SME
Location: Latvia
Investors: 67

SUMMARY

CROWDESTOR is announcing a new investment opportunity in the construction works industry - Rando-K Construction Company - working capital increase

Current investment opportunity offers CROWDESTOR investors to make a loan to SIA Rando-K with a term of 12 months and interest of 17% p.a. that is paid monthly. The financing target - EUR 10 000.

LOAN

Minimum target: 10 000 EUR
Maximum target: 10 000 EUR
Loan period: 12 months
Interest rate: 17% p.a.
Repayment: Interest payments are paid monthly along with the loan principal.
Security: A personal guarantee from the company's member of the board, the beneficial owner of the company
CROWDESTOR Provision Fund
Yes
Location: Latvia

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

ABOUT THE BORROWER

SIA Rando-K is a construction company based in Ventspils, Latvia. It operates since 2013 and employs 14 construction work professionals. 

The company provides various construction services, including:

  • Concreting and masonry works
  • Metal construction assembly
  • Painting and plastering
  • Carpentry
  • Tiling
  • Roofing
  • Facade renovation and insulation.

SIA New Yacht Marina is among the company’s most well-known clients. The marina offers a full range of services during the summer season, with berths available for at least 50 yachts and motor vessels in Ventspils. Other notable clients are:

SIA Rando-K also participated in the construction of Ventspils Music School and Concert Hall, which is the largest regional institution of cultural education in Latvia and one of the most energy-efficient and sustainable cultural buildings in Latvia. 

The company plans to gain a foothold on the Ventspils market, becoming a TOP-3 construction service provider in the city. Further plans include expansion to Sweden, Finland, and Germany.

Company name SIA Rando-K
Registration number
51203048801
Registration country Latvia
Legal address Celtnieku iela 12-16, Ventspils, LV-3602
Actual address Celtnieku iela 12-16, Ventspils, LV-3602
Board member Andris Ruicēns
Shareholder Andris Ruicēns

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