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Road Construction Company - working capital increase | Interest paid monthly | Round 02
100% Funded

100%
100%
Need: €0.00
Min.: €0.00
Interest rate: 25%
Period: 18 months
Funded
Target: €50 000
Min. target: €30 000
Opens: 2022/03/21
Expires: 2022/04/21
Type: SME
Location: Latvia
Investments: 100

Summary

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

The current investment opportunity offers CROWDESTOR investors a loan to SIA KF Grupa with a term of 18 months and interest of 25% p.a. that is paid monthly; the loan principal is paid monthly in similar installments from the 6th month. 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 to strengthen its position in the Latvian market as a stable road construction company. 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 30 000.00 
Maximum target: EUR 50 000.00 
Loan period: 18 months
Interest rate: 25% p.a.
Repayment: Interest payments are paid monthly. Loan principal - repaid monthly in similar installments, from the 6th month.
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!

About the company 

SIA KF Grupa was established in 2014 and operates 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: Nākotnes iela 1, Ķekava, Ķekavas pagasts, Ķekavas novads, LV-2123
Actual address: Nākotnes iela 1, Ķekava, Ķekavas pagasts, Ķekavas novads, LV-2123
Board member Kaspars Fricsons
Shareholders Kaspars Fricsons

 

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