presented by October Netherlands
lent to this project, means…
paid back in total
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Warning Lending money to SMEs presents a risk of capital loss and requires your savings to be immobilised.
Created in 2013, Water IQ International B.V. is active in the Water treatment sector. The company, managed by Freddy Dekkers, has 10 employees and is based in Eindhoven.
Mr. Freddy Dekkers, managing director, has overall 21 years of professional experience in the malt production and brewing sector. Previously, he was managing director at Holland Malt company.
The company’s main activities are:
The company works with Boortmalt B. V. and many greenhouses in the horticulture sector.
The company requests 816.000 € with 3 months of deferred repayment to finance recruitment of new staff and stocks of semi-finished products. This project will be realised by the end of the year.
This project is a medium-term loan with a capital amortisation deferment and as such presents a different method of capital repayment than standard projects. The first 3 months, the lenders will only receive interest; the following 33 months, the lenders will receive interest and principal amortization. This principal repayment profile matches the borrower’s financing needs while allowing lenders to earn a higher amount of interest.
The amount offered on the platform is limited to 399840€, which is in line with the regulatory limits.