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Promoshoponline.nl

presented by October Netherlands

€209,000

7%

48 months

B

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location

Location

Hengelo, Netherlands

activity

Activity

Commerce

Presentation of the company

Created in 2009 Promoshoponline.nl BV is active in the wholesale of other household goods  sector. The company, based in Hengelo, has 9 employees. From 2009 it is managed by Jacobus Volmbroek.

Project description

The Company requests €209,000 over 48 months, with 6 months deferred period (see details below) to finance its continuity following the impact of the COVID-19 crisis on its activity. This project is a Flexible Bridge Loan, an amortizable loan with a standard commitment for the first 9 months and the possibility of early repayment at no cost for the remainder of the loan term, even in the event of refinancing by other financial institutions. The Dutch State supports this company with a guarantee. The principal is guaranteed up to 67.5%. If the company cannot repay the loan, the State will partially reimburse the lenders on behalf of the company. 

 The amount offered on the platform is limited to €102,400 which is in line with the regulatory limits.