! ! Please keep in mind that all descriptions below have been translated automatically from the original language
Project description
UAB Kramas statyba requests funding to supplement working capital in order to ensure smooth continuity and timely settlement with suppliers. Construction activities carried out by the company are intensively capital -intensive - constant addition to building materials is required until customers pay for the work performed in full.
The company faces the following situations where working capital is crucial:
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Pre -purchase of materials (especially in seasonality or raw material prices)
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Suppliers' payment terms shorter than customer billing (financial bridge required)
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Implementation of contracts according to fixed terms - it is necessary to mobilize resources in a timely manner
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Covering of wages, subcontractors and technical costs during the execution period
Purpose of raising funds
For working capital