DE EN ES
FR RO PL IT
☰ Menu
D0eac5f0 465d 45bc baf7 3ee3a4ccc4e8

@42FA21CZYQ

Borrower rating at loan publication

location_on Kaufbeuren, Germany

thumb_up Borrowed | 100% paid on time

account_balance_wallet 24,000 EUR (last 12 months turnover)

work Business owner/sole trader

business Works in wholesale and retail trade

Working capital loan

ID: 47QJRAEE4G

Interim finance of goods purchase / cost savings by sea freight / internationalisation

Company: Located near Munich we are selling child protection products like socket covers, safety locks, edge corner protectors etc. Our well known high quality brand is "Magic Mama". Please have a look: www.magicmamaweb.com

Goals
- Increase revenue / profit by expanding product range: Baby safety gate and baby phone: The market for baby safety gates and baby phones is very big. But the investment to enter this market is also bigger than with small plastic parts like our other products.
- Cost savings for goods produced in China: Until now we are shipping all the goods from china by air which is fast but very expensive. We want to ship by sea / vessel to save costs. But the freight duration will increase from 1 week to 6 weeks then. So we need working / circulation capital to finance this.
- Internationalisation. Invest into good translations / cultural adaptions of the product descriptions.

8

Connected accounts

{{ comments.total }}

Comments

Hey , get the conversation started!

{{ comments.error }}

LEAVE A COMMENT
@{{ item.handle }}
LOAD MORE
1

Communication log between Bitbond and the borrower

call_missed_outgoing
April 3, 2018

Borrower didn't answer the phone

{{ payments.total }}

Payments

Due date
Status
Outstanding principal
Interest
Principal
Total payment
{{ payment.due_at | date:'mediumDate' }}
{{ payment.collected_percent || 0 }}% paid