Ivar’s #2

Presentation of the company

Created in 2015 Ivar’s B.V. is active in the business and other management consultancy activities sector. The company, based in Capelle aan den IJssel, has 16 employees. Since 2019 it is managed by Ivar Ros.

Main activities:

• Consultancy

Project description

The company requests 267 000 € over 60 months to finance the training and education of new employees. The amount offered on the platform is limited to 130 820 € which is in line with the regulatory limits. October has already supported the company with 1 project of which 1 is still in repayment. Current outstanding is 28 092 € under regular repayment. 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.