Our plan is to start a new business in the Horeca industry, based on the profound experience of our personnel.
The new company will sell equipment for catering, hotels and restaurants all over the country (Romania) and Moldova. The contacts with suppliers are already available (Zanussi, Electrolux, etc.) and we also have on-going contracts with customers.
We have highly experienced personnel and trade with high quality equipment.
Moreover, our personnel is well familiar with the market. The market we are targeting at are the brand hotels.
We need the money to obtain a better price (meaning a high sell margin). Furthermore, the external suppliers request upfront payments.
The collections are done usually in 60-90 days.
So, we have a gap in company cash-flow
The funding will be used to cover operating expenses.
The overall loan amount we need is EUR200 thousand; an interest will be paid on the loan.
We can also agree on equity investment in case of a silent investor
The payback period is estimated at maximum 3Y