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Working capital increase for a lumber company | Round 01
100% Funded

100%
100%
Need: €0.00
Min.: €0.00
Interest rate: 28%
Period: 8 months
Funded
Target: €20 000
Min. target: €15 000
Opens: 2022/03/07
Expires: 2022/04/07
Type: SME
Location: Baltic States
Investments: 78

Summary

CROWDESTOR would like to announce a new investment opportunity. The funds raised in this campaign will be used to increase the working capital for wood processing and firewood wholesale. 

Investment opportunity

Current investment opportunity offers CROWDESTOR investors to make a loan with a 28% annual interest rate with a monthly repayment of the principal amount and the interest. The funding target is EUR 20 000.

LOAN

Minimum target: EUR 15 000.00 
Maximum target: EUR 20 000.00 
Loan period: 8 months
Interest rate: 28% p.a.
Repayment: Interest payments are paid monthly together with the Loan principal payment at the end of the Loan term.
Collateral: Personal guarantee from the Borrower
Location: Baltic States

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

 

About the borrower

Marco Kaubad OÜ has been engaged in wood processing since 2019. The company's main activities are the sale of timber, sawn timber, and mounting boards in the Baltic States. Company business activities include the production of lumber from softwood according to customer specifications such as:

- Wood pellets

- Fuel briquettes

-  Boxes of Firewood

- Lumber

Name of the company Marco Kaubad OÜ
Registration number 12053355
Registration date 02.02.2011.
Registration country Estonia
Legal address Punane tn 6-219 Tallinn Harjumaa 13619
Board member Didzis Liepiņš

 

 

 

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