Wood Products Company Seeking Loan in Līgatne, Latvia

Woodworking company that produces high-quality oak wood furniture panels, seeks funds for expansion.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 240 thousand
Run Rate Sales USD 360 thousand
EBITDA Margin 10 - 20 %
Industries Wood Products
Locations  Līgatne
Local Time 6:36 PM Europe / Riga
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 540 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... View More
Collateral Available: USD 540 thousand
Includes physical assets worth USD 180 thousand
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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.

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.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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