CROWDESTOR would like to announce a new project opportunity for our investors in the forestry industry.
* Find the full Credit report in the attachment
Current investment opportunity offers CROWDESTOR investors to make a loan with a 21.5% annual interest rate with a monthly repayment of the principal amount and the interest. The funding target is EUR 17 000.
The loan is secured with a personal guarantee from the company shareholder.
Funding Target: EUR 17 000,00
Minimum Funding Target: EUR 10 000,00
Loan term: 12 months
Interest rate: 21.5% per annum
Interest payments: paid monthly
Loan repayment: repaid monthly
Collateral: Private guarantee
Crowdestor Provision Fund: Yes
COMPANY DESCRIPTION
The company SIA DAVLATA WOOD was established in 2015 and since then is successfully operating as a sawn timber supplier. Currently, SIA DAVLATA WOOD supplies sawn timber to Latvia from Russia. The borrower collaborates with such companies as SIA PRO WOOD, SIA MDD GRUPA, and SIA VAIVES. Right now, an agreement with "Latvijas Dzelzceļš" (Latvian Railways) has been signed to open two trading platforms - one in Riga and one in Liepaja. The new trading platforms will give an opportunity to improve companies' logistics and export timber to new countries by ship. The funds raised in this crowdfunding campaign will be used as working capital for the further development of the company.
Name of the company |
SIA DAVLATA WOOD |
Registration number | 40103863567 |
Registration date |
22.01.2015 |
Registration country |
Latvia |
Legal address | Lāčplēša iela 112 - 28, Rīga, LV-1003 |
Shareholders |
Anna Ščipova |
Board member |
Anna Ščipova |
Actual address |
Lāčplēša iela 112 - 28, Rīga, LV-1003 |
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