Saphire Complete Training Concepts #2

Presentation of the company

Created in 2005 Saphire Complete Training Concepts B.V. is active in the engineering activities and related technical consultancy  sector. The company, based in Maassluis, has 45 employees. Since 2005 it is managed by Ronald Lensselink who has 18 years of experience in the industry.

Main activities:

• Creating training hardware for the firefighting, transport, renewable energy, maritime, offshore and aviation sectors.

Project description

The company requests 370 000 € over 60 months to finance working capital in order to expand capacity and start new projects. This project will be realised in the next few months. The amount offered on the platform is limited to 181 300 € which is in line with the regulatory limits.

The Dutch State provides a guarantee to this company: the outstanding capital is guaranteed up to 60.8% 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 39.2% 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.