BIT ON CONSULTORES SL

Presentation of the company

Created in 1998, BIT ON CONSULTORES SL is active in the Computer programming activities  sector. The company, managed by Antonio José Roldán Rodríguez has 7 employees and is based in Barcelona.

Mr. Antonio José Roldán Rodríguez, managing director, has overall 15 years of professional experience in the sector.

The company’s main activity is:

• develops software for business management: they focus on the digitalization of their customers through their own computer systems.

The company works with a diversified client base of 50 clients of different sectors.

Project Description

The company requests 100. 000 € to finance to finance part of the acquisition of a new office which has a price of €425k. This project will be realised this quarter.

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.

As part of their future investment plan, the borrower may come back to the October platform within the coming quarter, up to a maximum exposure of 150000 €. Our analysis takes this into account; the rating of the borrower would not be affected, while the FCCR would become 1.

The amount offered on the platform is limited to 49000€, which is in line with the regulatory limits.