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Warcom #4

presented by October Italy

€150,000

2.45%

48 months

A+

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location

Location

Adro, Italy

activity

Activity

Industry

Presentation of the company

Created in 2010, WARCOM SRL is active in the metal sheet cutting machine sector. The company, managed by Viviana Marini has 47 employees and is based in Adro. In 2018, following a rationalization process, the Company incorporated its wholly owned subsidiary founded in 1979 and active in the same sector.

Mrs. Viviana Marini, managing director, has overall 25 years of professional experience in the sector.

The company’s main activities are:

– manufacturing of hydraulic press brakes;

– manufacturing of shears with numeric control;

The company works with more than 25 B2B customers both national and international active in different industries (automotive, transportation, plant construction)

Project Description

The company requests 150. 000 € with 6 months of deferred repayment to finance the acquisition of a new milling machine and to refinance one of the two October loan. This project will be realised by the end of the year.

As a reminder, the October lending community supported Warcom Srl in October 2017 with € 250 000 and in October 2018 with 200 000 € to finance the costs of participation in a trade fair and research and development costs for new machinery. Both loans are in regular amortization.