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Farmacia Boscarini

presented by October Italy

€60,000

4.7%

36 months

B+

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location

Location

Vedelago, Italy

activity

Activity

Commerce

Presentation of the company

Created in 2006, Farmacia Boscarini S.n.c. is active in the pharmaceutic sector. The company, managed by Boscarini Massimo, has 9 employees and is based in Vedelago.

Boscarini Massimo, managing director, has overall 25 years of professional experience in the sector.

The company’s main activity is the sale of medicines and other medical and non medical products.

The company works with National and International companies active in the pharmaceutical industry.

Project Description

The company requests 60 000 € to finance refurbishment of the drugstore in Vedelago and the implementation of a new line of products linked to the veterinary sector. This project will be realised in the next few months.

This project is not covered by the Italian state guarantee.

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 300 000 €. Our analysis takes this into account; the rating of the borrower would not be affected, while the FCCR would become 1,46.

The amount offered on the platform is limited to 29 400 €, which is in line with the regulatory limits.