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TRAVELMEDIA

presented by October Netherlands

€106,000

8%

48 months

C

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location

Location

Hilversum, Netherlands

activity

Activity

Entertainment

Presentation of the company

Created in 2015, TRAVELMEDIA B. V. is active in the Tourism publishing . The company, managed by Thomas van Apeldoorn has 11 employees and is based in HILVERSUM.

Project Description

The company requests €106. 000, with a 12 months deferred capital repayment, to ensure its continuity following the impact of the COVID-19 crisis on its activity.

This project is a Flexible Bridge Loan, an amortizable loan with a standard commitment for the first 9 months and the possibility of early repayment at no cost for the remainder of the loan term, even in the event of refinancing by other financial institutions.

The Dutch State supports this company with a guarantee. The principal is guaranteed up to 67. 5%. If the company cannot repay the loan, the State will partially reimburse the lenders on behalf of the company.

The amount offered on the platform is limited to 51940€, which is in line with the regulatory limits.