€190,000
7.9%
60 months
C
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Location
Zevenaar, Netherlands
Activity
Commerce
Presentation of the company
Created in 2016 Livinn B.V. is active in the retail sale of furniture, lighting equipment and other household articles in specialised stores sector. The company, based in Zevenaar, has 7 employees. Since 2016 it is managed by Marcel Maria Johannes Theodorus Wolters.
Main activities:
– Furniture store
Project description
The company requests 190 000 € over 60 months to finance Setup of outlet for returned items. The amount offered on the platform is limited to 93 100 € which is in line with the regulatory limits. 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.