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Service Entretien Maintenance Paca #3

presented by October France

€500,000

6.15%

36 months

B

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location

Location

La Garde, France

activity

Activity

Building & public Works

Presentation of the company

Created in 2013 Service Entretien Maintenance Paca is active in the plumbing, heat and air-conditioning installation  sector. The company, based in La Garde, has 70 employees. Since 2015 it is managed by Pascal Passariello who has 25 years of experience in the industry.

Project description

The Company requests 500 000 € over 36 monhts to finance its working capital need linked to its sutained growth and long client paying term. The company also needs to recruit; This project will be realised this semester. The amount offered on the platform is limited to 245 000 € which is in line with the regulatory limits. October has already supported the Company with 2 projects of which 2 are still in repayment. Current outstanding is 45 590 € under regular repayment.