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De Twee Heren

presented by October Netherlands

€110,000

7.45%

36 months

C

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location

Location

Groede, Netherlands

activity

Activity

Restaurants and catering services

Presentation of the company

Created in 2012 De Twee Heren is active in the restaurants and mobile food service activities sector. The company, based in Groede, has 3 employees. Since 2016 it is managed by Stijn Jordans.

Main activities:

  • Restaurant

Project description

The company requests 110 000 € over 36 months to refinance 2 existing loans. The amount offered on the platform is limited to 53 900 € 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 32.5% 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.