presented by October Spain
lent to this project, means…
paid back in total
taxes not includedCreate your account
Warning Lending money to SMEs presents a risk of capital loss and requires your savings to be immobilised.
Las Rozas de Madrid, Spain
Marketing surveys & consulting
Created in 2012, Puertas Artama SL is active in the selling of doors and windows sector. The company, managed by Hector López, has 5 employees and is based in Las Rozas (Madrid).
The company’s main activities are:
The company requests a loan of 31.500 € over 24 months to finance the acquisition of high quality doors to be showed in its exposition centre. This project will be realised next month.
The amount offered on the platform is limited to 15.435 €, which is in line with the regulatory limits.
With a turnover of 526.392 € in 2017 and an experienced team, the company has a good track record combined with a strong operating margin.
Increasing sales and margins over the past years related with the increasing number of customers with a relatively stable fixed cost structure. Forecast in line with 2018 interim information that reports sales of 909.000 € and results of 41.000 €.
The borrower has a good repayment capacity with a forecast FCCR (Fixed Charge Cover Ratio *) at 1,38 and a strong financial structure, with a forecast net debt / ebitda ratio of 0,85 and a net debt / shareholder equity of 72%.
The analysis of the project leads to a credit rating of C and a 6,75% annual interest rate and has the personal guarantee of the shareholders.
*An FCCR of 1.38 means that the company has a safety margin of 38% with respect to its capacity to repay the debt.
October’s expert opinion is provided solely as a guide based on our experience, and knowledge, of the basis of the information provided by the borrower and the information in our databases (external data provider). This opinion should only be taken as an orientation when deciding to finance the project.
Points of caution: