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Created in 2012 2ndLOF B.V. is active in the recycling sector. The company, based in Utrecht, has 25 employees. From 2012 it is managed by Rudolf Kortink who has more than 10 years of experience in the industry.
The Company requests €775,000 over 60 months to finance a water jet cutting machine. This is a machine that increases the company’s efficiency, it decreases the processing time per mattress and makes it possibe to substract more materials from the mattress. This project will be realised in the next few months. The amount offered on the platform is limited to €379,740 which is in line with the regulatory limits. October has already supported the Company with 1 project, which is still in repayment. Current outstanding is €624,347 under regular repayment.