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X-Systems

presented by October Netherlands

€76,000

7.8%

60 months

B

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location

Location

Den Haag, Netherlands

activity

Activity

Information & Communication

Presentation of the company

Created in 2016 X-Systems B.V. is active in the computer programming activities sector. The company, based in S-Gravenhage, has 4 employees. Since 2016 it is managed by John Adrianus Maria Meijers.

Main activities:

  • Security systems

Project description

The company requests 76 000 € over 60 months to finance product development. The amount offered on the platform is limited to 37 240 € 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.