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CargoFlexx

presented by October Netherlands

€307,700

4%

36 months

A

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location

Location

Breda, Netherlands

activity

Activity

Industry

Presentation of the company

Created in 2013, CargoFlexx is active in the Manufacture of lifting and handling equipment sector. The company, managed by Sander Castel, has 12 employees and is based in Etten-leur.

Mr. Sander Castel, managing director, has overall >20 years of professional experience in the sector.

The company’s main activities are:

– The design and production of ship unloading systems

– The design and production of self discharging bulk systems

– The design and production of powder treatment systems for exhaust gasses on marine vessels.

Project Description

The company requests 307,700 € to finance marketing of the new exhaust gas treatment installation. 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 150773€, which is in line with the regulatory limits.