Momsorganic

Presentation of the company

Created in 2017 Momsorganic is active in the retail sale via mail order houses or via internet  sector. The company, based in Rotterdam, has 5 employees. Since 2017 it is managed by Gizem Tokgoz Akbulut.

Main activities:

• Selling of organic products

Project description

The company requests 203 000 € over 60 months to finance the stock for their new line of products, along with a refinancing of a current account The amount offered on the platform is limited to 99 460 € 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.