€320,000
8.4%
60 months
C
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Location
Dronryp, Netherlands
Activity
Business services
Presentation of the company
Created in 2013 Sijtsma Noord B.V. is active in the engineering activities and related technical consultancy sector. The company, based in Dronryp, has 15 employees. Since 2013 it is managed by Hendrik Sijtsma.
Main activities:
- Metal coating services
Project description
The company requests 320 000 € over 60 months to finance working capital. The amount offered on the platform is limited to 156 800 € 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.