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BDMED 2010

presented by October Spain

€1,200,000

6.75%

60 months

B

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location

Location

Castellón, Spain

activity

Activity

Commerce

Presentation of the company

Created in 2010, BDMED 2010 SOCIEDAD LIMITADA, is active in the fuel sector. The company, managed by Pablo Arrandis García, has 20 employees and is based in Onda.

Mr. Pablo Arrandis García, managing director, has overall 9 years of professional experience in the sector.

The company’s main activity is:

  • Retail sale of fuels, in own service stations, as well as to the distribution of fuels at the client’s premises.

The company works with a diverfied client base of logistic operators, industrial companies and smaller fuel stations.

Project Description

The company requests 1.200.000 € to finance the investment in a new petrol station in Madrid. This project will be realised in the next few months.

This project is a Flexible Bridge Loan, an amortizable loan with a standard commitment for the first 9 months and the possibility of early repayment at no cost for the remainder of the loan term, even in the event of refinancing by other financial institutions.

The amount offered on the platform is limited to 588.000€, which is in line with the regulatory limits.