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Hyppe

presented by October Netherlands

€330,000

7.5%

60 months

B

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location

Location

Blaricum, Netherlands

activity

Activity

Financial

Presentation of the company

Created in 2007 Hyppe B.V. is active in the activities of insurance agents and brokers  sector. The company, based in Blaricum, has 3 employees. Since 2010 it is managed by Michiel Minneboo who has 13 years of experience in the industry.

Main activities:

  • Insurance & mortgage advice

Project description

The company requests 330 000 € over 60 months to finance renovation, refurbishment and liquidity. This project will be realised in the next few months. The amount offered on the platform is limited to 161 700 € 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.