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Autobedrijf Wegman

presented by October Netherlands

€55,000

7.5%

60 months

B

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location

Location

Ameide, Netherlands

activity

Activity

Marketing surveys & consulting

Presentation of the company

Created in 1905 Autobedrijf Wegman B.V. is active in the sale of cars and light motor vehicles  sector. The company, based in Ameide, has 13 employees. Since 2019 it is managed by Johannes Schut.

Main activities:

  • Purchase, sale, repair and maintenance of cars

Project description

The company requests 55 000 € over 60 months to finance working capital. The amount offered on the platform is limited to 26 940 € which is in line with the regulatory limits.

The Dutch State provides a guarantee to this company: the outstanding capital is guaranteed up to 67,5% as part of their BMKB program to support SMEs. If the company cannot repay the loan, the Dutch State will partially reimburse the lenders on behalf of the company.

Next to the state guarantee, the project benefits from a personal guarantee for 32,5% of the loan amount from the shareholder(s) / owner(s) of the company.

We remind you that a guarantee does not indicate that the company cannot default. It implies that the guarantor will be liable for the outstanding capital.