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Information & Communication
Created in 2011, Lendel Media Solutions SL is active in the Geospatial solutions sector. The company, managed by Raul Mir Coll has 3 employees and is based in Barcelona.
Mr. Raul Mir Coll, managing director, has overall 20 years of professional experience in the sector.
The company’s main activities are:
The company works with a diversified client base of engineering companies and governments.
The company requests 160.000 € with 6 months of deferred repayment to finance the development of their technology to better perform water management projects. The company will develop internally (hiring 3 new employees) a new and unique system to capture and analyse all the relevant data in water management and river courses projects: analysis of riverbank vegetation, flood forecasting, prediction of groundwater conditions, etc. This project will be realised in the next few months.
This project is a Flexible Bridge Loan, an amortizable loan with a standard commitment for the first 9 months and the possibility of early repayment at no cost for the remainder of the loan term, even in the event of refinancing by other financial institutions.
This project is a medium-term loan with a capital amortisation deferment and as such presents a different method of capital repayment than standard projects. The first 6 months, the lenders will only receive interest; the following 30 months, the lenders will receive interest and principal amortization. This principal repayment profile matches the borrower’s financing needs while allowing lenders to earn a higher amount of interest.
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 190000 €. Our analysis takes this into account; the rating of the borrower would not be affected, while the FCCR would become 2.
The amount offered on the platform is limited to 78.400 €, which is in line with the regulatory limits.