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Grand Salon Maitres De Coiffure

presented by October Netherlands

€35,000

7%

48 months

B

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location

Location

Rotterdam, Netherlands

activity

Activity

Personal services

Presentation of the company

Created in 1998 Grand Salon Maitres De Coiffure is active in the hairdressing and other beauty treatment sector. The company, based in Rotterdam, has 7 employees. From 1998 it is managed by Hedwich Vigelandzoon.

Project description

The Company requests 35 000 € over 48 months, with 6 months deferred period (see details below) to finance its continuity following the impact of the COVID-19 crisis on its activity. 

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 Dutch State supports this company with a guarantee. The principal is guaranteed up to 67.5%. If the company cannot repay the loan, the State will partially reimburse the lenders on behalf of the company. 

The amount offered on the platform is limited to 17 150 € which is in line with the regulatory limits.