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FinoMark comment
FinoMark has decided to enter into an agreement with UAB “LDK Finansai”, providing short-term loans of up to 9 months to meet the company’s current needs. These loans are guaranteed by UAB Investicijų komanda, Miesto raida UAB, and UAB Investiciniai partneriai. Such an arrangement helps ensure continuity and stability between project phases until revenues from ongoing projects or other sources are received, contributing to smooth project execution and financial stability.
Project description
LDK Finansai will direct the received funds to supplement the company's working capital, seek and finance new business opportunities and investments. Since LDK Finansai's activities are long-term investments, consulting services, and the selection, acquisition, and development of new projects, these funds will be used to ensure smooth project execution and effective business continuity. The need for working capital is critical for several reasons:
1. Short-term financial obligations – covering expenses before revenue is received.
2. Continuity of project execution – a stable flow of funds allows timely completion of work.
This financing will ensure flexibility in managing the project portfolio and a rapid response to market changes.
Purpose of raising funds
For working capital
