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Jolly Stampi

presented by October Italy

€200,000

6.9%

36 months

C

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location

Location

Bettoletto, Italy

activity

Activity

Industry

Presentation of the company

Created in 1974, Jolly Stampi S.r.l. is active in the die casting moulds sector. The company, managed by Gianfranco Orioli, has 44 employees and is based in Bedizzole.

Gianfranco Orioli, managing director, has overall 20 years of professional experience in the sector.

The company’s main activity is the design and production of die casting moulds.

The company works with mainly german carmakers.

Project Description

The company requests 200 000 € to finance the commercial expansion to reach new customers and the addition of 2 resources in the technical office. This project will be realized 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 1,02.

The amount offered on the platform is limited to 98 000 €, which is in line with the regulatory limits.