€160,000
8.4%
60 months
C
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Location
Amsterdam, Netherlands
Activity
Restaurants and catering services
Presentation of the company
Created in 2019 Wan Shun Restaurant B.V. is active in the restaurants and mobile food service activities sector. The company, based in Amsterdam, has 4 employees. Since 2019 it is managed by Na Liu.
Main activities:
– Chinese Restaurant
Project description
The company requests 160 000 € over 60 months to finance the expansion of the business. The amount offered on the platform is limited to 78 400 € 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.