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Latteria del Molise

presented by October Italy



36 months


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Campobasso, Italy




Presentation of the company

Created in 2013, LATTERIA DEL MOLISE – S.R.L. is active in the food sector. The company, managed by Carmen Tambascia, has 12 employees and is based in Mirabello sannitico.

The company’s main activity is:

– the production of cheese products

The company works with more than 100 customers spread all over the Italy

Project Description

The company requests a loan of 45 000 € over 36 months to finance to create a dedicated aseptic room for packaging. This project will be realised by the end of the year.

This project is not covered by the Italian state guarantee.

The amount offered on the platform is limited to 22 050€, which is in line with the regulatory limits.

Like all projects presented to individual lenders on October, it is co-financed by institutional lenders, experienced lenders and October management, subscribers to the October fund.

Analyst’s Opinion

With a turnover of 2 949 407 € in 2017 and an experienced team, the company has a good track record combined with a strong operating margin.

The forecast is based on the performance of 2017

The borrower has a correct repayment capacity with a forecast FCCR (Fixed Charge Cover Ratio *) at 1,06 and a good financial structure, with a forecast net debt / ebitda ratio of 3,57 and a net debt / shareholder equity of 139%.

The analysis of the project leads to a credit rating of C and a 7,2% annual interest rate.

*The multiple of FCCR at 1,06 means that the company has a safety margin of 6% relative to its ability to repay its credit maturities.

The expert opinion is given as an indication on the basis of the elements provided by the project holder and information from our databases (External data provider). This opinion is only an element of reflection in the decision making of a lender to participate in the financing of a project.

Strong points

  • Good historical performance based on diversified client base.
  • Correct repayment ability with a forecasted FCCR of 1,06.
  • Low-cyclical market

Points of caution

  • Food products consuptions influenced by trends