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Polyestershoppen #2

presented by October Netherlands

€300,000

4.5%

36 months

B+

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location

Location

Moordrecht, Netherlands

activity

Activity

Commerce

Presentation of the company

Created in 2010 Polyestershoppen B.V. is active in the other retail sale in non-specialised stores  sector. The company, based in Moordrecht, has 19 employees. From 2010 it is managed by Cornelis Schepers who has 10 years of experience in the industry.

Main activities:

  • The online sales of all kinds of adhesives.

The company works with companies and retail customers. 90% of the sales is sold through the webshop, polyestershoppen.nl. In addition, the company has a shop on location in Moordrecht. The company’s products exists of all kinds of adhesives, ranging from casting to lute. The company’s webshop scores a 9,3 for customersatisfaction on Kiyoh and a 4.7 out of 5 on over 10.000 reviews.

Project description

The Company requests €300,000 over 36 months to finance investments in the professionalisation and extension of the team, new machinery and a part of the loan is used as working capital to continue the growth. This project will be realised in the next few months. The amount offered on the platform is limited to €147,000 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 €114,202 and under regular repayment.