Wood Products Company Seeking Loan in Līgatne, Latvia
Woodworking company that produces high-quality oak wood furniture panels, seeks funds for expansion.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 210 thousand |
| Run Rate Sales | USD 315 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Wood Products |
| Locations | Līgatne |
| Local Time | 5:25 PM Europe / Riga |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
470 thousand
for
14.0%
annual interest,
3
years
(Native Currency: EUR 450,000)
Reason: Company is moving to new production site and seeking loan to buy out the new factory, and increase c...
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Collateral Available: USD 480 thousand
Includes physical assets worth
USD
157 thousand
Interested to connect with advisors
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Business Name
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Documents
Cash Flow Projections (Post Investment)
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Company Registration
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Business Overview
- We are a woodworking company that deals with the production of ash and oak furniture boards.
- Company has moved from the start-up stage to securing a market position and ability to deliver high-quality oakwood products that are rare and in high demand in Europe.
- We are moving to a new production site and are looking for a loan to buy out the factory and increase production capacity.
- Facility is located in an area with high woodworking tradition and raw material availability. The property holds much potential for further development, including dry kilns.
- Company has moved from the start-up stage to securing a market position and ability to deliver high-quality oakwood products that are rare and in high demand in Europe.
- We are moving to a new production site and are looking for a loan to buy out the factory and increase production capacity.
- Facility is located in an area with high woodworking tradition and raw material availability. The property holds much potential for further development, including dry kilns.
Products & Services Overview
Oak and ash wood furniture panels and flooring and decks.
Facilities Overview
Factory is located in Ligatne, Latvia. Office is adjacent to the factory site.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Pro Audio, Colombo, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Consultant, Riga, Financial Consultant connected with the Business
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Earlier than 15 daysPartner, Stuttgart, Business Broker connected with the Business
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