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ICE-BT B.V. #2

presented by October Netherlands

€400,000

6.2%

60 months

B+

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location

Location

Nieuw-Vennep, Netherlands

activity

Activity

Industry

Presentation of the company

Created in 2011 Ice-Bt B.V. is active in the manufacture of ovens, furnaces and furnace burners  sector. 

The company, based in Nieuw-Vennep, has 10 employees. From 2011 it is managed by Johannes Hoogland and Karl May who have 10 years of experience in the industry.

The company’s main activities are:

  • Engineering and manufacturing of regenerative aluminum furnaces. 
  • Engineering and manufacturing of direct, indirect and hot air systems for drying. 
  • Engineering and manufacturing of incinerators. 
  • Engineering and manufacturing of heat treatment furnaces.

Project description

The Company requests 400 000 € over 60 months to finance the work in progress position related to longer project lead-times as a result of Covid-19 and development cost for a new burner. 

 This project will be realised in the next few months.

 The amount offered on the platform is limited to 196.000 € which is in line with the regulatory limits.

 October has already supported the Company with 1 project, which is still in repayment. Current outstanding is 252.441 € under regular repayment.