R&D pipes, UAB

B
FinoMark
B1
GOscore

100% financed

30 000.00 € financed / 30 000.00 €
Financed within 3 d. 4 h 2 min
Loan amount
30 000.00 €
Interest
12 %
Credit term
36 mo.
Average monthly payment*
1 056.43 €
Purpose
For working capital
Interest's paid
Monthly
LTV
50%

Collaterals

Guarantee of two natural persons
Mortgage of a legal entity's complex assets

UAB R&D Pipes is a rapidly growing company conducting two main, mutually complementary activities. The first is wholesale and retail trade of plumbing products. The company offers a wide range of quality goods for both end users and business clients.

The second main activity is interior finishing works. The company specializes in the installation of various sites, offering professional solutions from initial preparation to final project delivery.

Both areas of activity are characterized by rapid growth; therefore, continuous investments are made in expanding the product range and purchasing materials for construction works, aiming to ensure a higher number of implemented projects and the highest quality for clients.

Project description

As the company grows and order volumes increase, additional investments in working capital are required. Firstly, to supplement the range of plumbing products in order to ensure continuous supply for both retail and wholesale trade. Financing is also necessary to purchase materials needed for interior finishing works – this will allow for more efficient management of multiple projects simultaneously and prompt completion of work for clients.

Purpose of raising funds

For working capital

Information about project owner

Company title
Company address
Santariškių g. 75-34, Vilnius
Company code
305556178
VAT code
LT100013166619
The number of employees
10
Company turnover
300001-500000
Company established in
2020
Contact phone
37060796233
Company website

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