6.8 / 10
 Līgatne

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

Key Business Facts
Yearly Sales USD 320 thousand
EBIDTA Margin 10 - 20 %
Industries Wood Products
Locations  Līgatne
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.
Seeking Loan
USD 500 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 500 thousand
Includes physical assets worth USD 160 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business