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Bagnoles

presented by October Netherlands

€1,175,000

8.3%

84 months

B

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location

Location

Alphen aan den Rijn, Netherlands

activity

Activity

Commerce

Presentation of the company

Created in 2019 Bagnoles B.V. is active in the sale of cars and light motor vehicles sector. The company, based in Alphen Aan Den Rijn, has 10 employees. Since 2019 it is managed by Marius Van Hattem who has 30 years of experience in the industry.

Main activities:

  • International trade in cars and light motor vehicles

Project description

The company requests 1 175 000 € over 84 months, with 1 month deferred period (see details below) to finance the purchase of real estate for own use to support growth. Besides the October loan the company will invest 290.000 euro from cash on balance in remodelling and energy efficient solutions, bringing the loan to value to approximately 80%. This project will be realised in the next few months. The amount offered on the platform is limited to 575 740 € which is in line with the regulatory limits.