Beta CM #2

Presentation of the company

Created in 2016, BETA CM S.R.L. is active in the metal sector. The company, managed by Cristinel Beta has 6 employees and is based in Druento.

Mr. Cristinel Beta, managing director, has overall 10 years of professional experience in the sector.

The company’s main activity is:

• the production of metal and aluminium component for machines.

The company works with a limited number of customers. About 20% of revenues comes from the export business.

Project Description

The company requests 50.000 € with 6 months of deferred repayment to finance the acquisition of new production machines and to easy the company liquidity. This project will be realised by the end of the year.

This project is a medium-term loan with a capital amortisation deferment and as such presents a different method of capital repayment than standard projects. The first 6 months, the lenders will only receive interest; the following 42 months, the lenders will receive interest and principal amortization. This principal repayment profile matches the borrower’s financing needs while allowing lenders to earn a higher amount of interest.

At least 40% of the risk of this loan is covered by a guarantee from the Republic of Italy via the Fondo di Garanzia PMI.

The amount offered on the platform is limited to 24500€, which is in line with the regulatory limits.