Agricultural Chemicals Wholesale Company Seeking Loan in Stende, Latvia

Track record & experience:
- Over 10 years of experience in landscaping and hydroseeding services in Latvia and select international markets.
- Strong expertise in green infrastructure, soil stabilization, erosion control, and lawn development across varied environments.

Business scope & revenue model:
- Professional hydroseeding services for private, industrial, and municipal projects.
- Manufacturing and sale of hydroseeding materials such as mulch, hydrogel, and bonding agents, supplied to clients across Europe.
- Design and production of custom hydroseeding equipment for contractors and landscaping professionals.
- Pricing is based on project size and scope, supporting both one-time projects and long-term contracts.

Client base & markets:
- Serves commercial and private landowners, construction and landscaping contractors, municipalities, and infrastructure developers.
- Products and services are used across the Baltic region, Scandinavia, and other European markets.

Partnerships & business relationships:
- Maintains partnerships with local and international suppliers of seeds and landscaping materials.
- Works with recognized business support organizations, including Altum (a development finance institution in Latvia) and the Latvian Chamber of Commerce and Industry.
- Participant in the business incubator program, supported by a grant under the European Regional Development Fund, indicating external validation of the company’s growth potential.

Promoter & team experience:
- Built on more than a decade of hands-on experience in landscaping, hydroseeding services, and material development.
- Possesses technical expertise in both service execution and custom equipment design.

Awards & recognition:
- Supported by national and regional business development grant programs, reflecting early-stage credibility and growth potential.

Reason for drop in run-rate sales:
- The decline in run-rate sales is due to the seasonal nature of landscaping activities, with lower demand during winter months.
- To reduce seasonality, the company plans to expand into the manufacturing of hydroseeding equipment and materials, enabling year-round revenue generation.

Revenue and employee structure:
- The company operates with a small permanent team supported by seasonal workers hired for approximately 3–4 months during peak periods.
- Seasonal employees are not included in the permanent employee count, which explains the higher revenue levels relative to the listed workforce size.