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Yummy Dutch

presented by October Netherlands

€320,000

7.3%

36 months

C

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location

Location

Zwanenburg, Netherlands

activity

Activity

Commerce

Presentation of the company

Created in 2015 Yummy Dutch B.V. is active in the retail sale via mail order houses or via internet  sector. The company, based in Zwanenburg, has 3 employees. Since 2015 it is managed by Ilaha Hasanova.

Main activities:

  • Sale of Dutch products in the US through Amazon and other platforms.

Project description

The company requests 320 000 € over 36 months to finance to maintain inventory levels. The amount offered on the platform is limited to 156 800 € which is in line with the regulatory limits. The Dutch State provides a guarantee to this company: the outstanding capital is guaranteed up to 56.25% 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 43.75% 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.