Ridaa #2

Presentation of the company

Founded in 2006 Ridaa B.V. is active in the casting of iron. The company, based in Middelburg, has 3 employees. Since 2006 it is managed by Richard van Unen who has 16 years of experience in the industry.

Main activities:

• The production of propeller shaft bearings, plain bearings and the assemblage of other products with a white metal layer.

Project description

The company requests €125.000 over 48 months to finance the purchase of new machinery to expand the production capacity and efficiency. If the company cannot repay the loan, the shareholder will be held personally liable. The amount offered on the platform is limited to €61.250 which is in line with the regulatory limits.