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Colored With Black

presented by October Netherlands

€107,000

7.4%

36 months

C

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location

Location

Amsterdam, Netherlands

activity

Activity

Events

Presentation of the company

Created in 2016 Colored With Black is active in the support activities to performing arts  sector. The company, based in Amsterdam, has 3 employees. Since 2016 it is managed by Samuel Hodenpijl.

Main activities:

  • Organizing events at nightclubs

Project description

The company requests 107 000 € over 36 months to finance the purchase of new equipment. The amount offered on the platform is limited to 52 420 € which is in line with the regulatory limits. The Dutch State provides a guarantee to this company: the outstanding capital is guaranteed up to 67.5% as part of their BMKB program to support SMEs. If the company cannot repay the loan, the Dutch State will partially reimburse the lenders on behalf of the company. Next to the state guarantee, the project benefits from a personal guarantee for 100% of the loan amount from the shareholder(s) / owner(s) of the company. We remind you that a guarantee does not indicate that the company cannot default. It implies that the guarantor will be liable for the outstanding capital.