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MERCADOS ARIES INTERNATIONAL SA

presented by October Spain

€1,000,000

7.4%

60 months

B

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location

Location

Madrid, Spain

activity

Activity

Marketing surveys & consulting

Presentation of the company

Created in 1999, Mercados Aries International, is active in the energy consulting sector. The company, managed by Miguel Hernandez, has 60 employees and is based in Madrid.

Mr. Miguel Hernandez, managing director, has overall 20 years of professional experience in the sector.

The company’s main activity is: Providing energy consulting services for corporates and governments worldwide

The company works with a somewhat concentrated client base with whom they have long-standing relationships.

Project Description

This project is not eligible for financing through crowdlending in accordance with the conditions established by crowdlending law; therefore, it is not offered for subscription by private investors on the platform.

For strategic reasons, AF Group wants to sell the business of its subsidiary. As part of the terms, current banking debt of 4.000.000 € has to be refinanced prior to the acquisition by the new owner. The Company is looking to borrow 1.000.000 € over 60 months with 3 months of deferred repayment to partially refinance current debt, the balance is being financed via bank debt and a loan from AF Group.

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 3 months, the lenders will only receive interest; the following 57 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.

The amount offered on the platform is limited to 490.000 €, which is in line with the regulatory limits.