presented by October Netherlands
lent to this project, means…
paid back in total
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Warning Lending money to SMEs presents a risk of capital loss and requires your savings to be immobilised.
Created in 2013 Back To Black V.O.F. is active in the other retail sale of food in specialised stores sector. The company, based in Amsterdam, has 20 employees. Since 2013 it is managed by Inge Bulthuis who has 8 years of experience in the industry.
The company borrows €160,000 with a term of 36 months to finance the purchase of real estate for the coffee roasting plant, small bakery and storage. The price of the property is €295,000. The company pays €70,000 from its own contribution and cash flow, the rest comes from a contribution from the family. If the company cannot repay the loan, the partners are personally liable. The amount offered on the platform is limited to €78,400, which is in line with the regulatory limits.