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Podobrace #2

presented by October Netherlands

€600,000

5.45%

36 months

B+

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location

Location

Volendam, Netherlands

activity

Activity

Commerce

Presentation of the company

Founded in 2017 Podobrace B.V. is active in the retail sale via mail order houses or via internet  sector. The company, based in Volendam, has 75 employees. Since 2017 it is managed by Billy Duin who has 12 years of experience in the industry.

Main activities:

  • Online sale of braces and other medical devices.

The team behind Podobrace consists of a team of physiotherapists who are available on demand and advise visitors of the website, if desired, about the available products.

Project description

The Company requests €600,000 over 36 months, with a 3 months deferred period (see details below) to finance to finance distribution robots for the warehouse. This project will be realised by the end of the year. The amount offered on the platform is limited to €294,000 which is in line with the regulatory limits. October has already supported the company with 1 project of which 1 is still in repayment. Current outstanding is €1,784,457 under regular repayment.