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lent to this project, means…
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Warning Lending money to SMEs presents a risk of capital loss and requires your savings to be immobilised.
Created in 2003 Tympro Hearing Protection B.V. is active in the wholesale of other machinery and equipment sector. The company, based in Breda, has 19 employees. Since 2014 it is managed by Jurgen Winde.
The company requests 340 000 € over 60 months to finance working capital. The amount offered on the platform is limited to 166 600 € which is in line with the regulatory limits. The Dutch State provides a guarantee to this company: the outstanding capital is guaranteed up to 52.9% 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 47.1% 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.