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Sanbo Group

presented by October Netherlands

€265,000

8.05%

60 months

C

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location

Location

Eersel, Netherlands

activity

Activity

Commerce

Presentation of the company

Created in 2019 Sanbo Group B.V. is active in the retail sale via mail order houses or via internet sector. The company, based in Eersel, has 7 employees. Since 2019 it is managed by Dave Van Der Sanden.

Main activities:

  • Sale of massage equipment

Project description

The company requests 265 000 € over 60 months to finance the purchase of their inventory. The amount offered on the platform is limited to 129 840 € which is in line with the regulatory limits. The Dutch State provides a guarantee to this company: the outstanding capital is guaranteed up to 67.5% as part of their BMKB program to support SMEs. If the company cannot repay the loan, the Dutch State will partially reimburse the lenders on behalf of the company. Next to the state guarantee, the project benefits from a personal guarantee for 32.5% of the loan amount from the shareholder(s) / owner(s) of the company. We remind you that a guarantee does not indicate that the company cannot default. It implies that the guarantor will be liable for the outstanding capital.