Investment opportunity in TOP-5 egg production company in Baltic States
Aluksne Poultry Farm (APF) has an established history since 1961 generating a strong business within the chicken egg production with export to over 10 European countries.
APF is moving away from the ‘’old-fashioned’’ methods of production to a newly modernised business management to comply with the European Union animal welfare standards and to be able to produce around 45 million eggs per annum.
Now APF is looking to double their production volumes and utilise economies of scale for which they are looking for an investment for the launch of a second barn with the new chicken flock and the associated working capital increase which in total amounts to EUR 600 000 in several fundraising phases.
Minimum target: EUR 100 000
Maximum target: EUR 300 000
Loan term: 15 months
Interest rate: 15% per annum
Interest payments: paid monthly after the first 3 months required for rearing of Chicken Flock and start of Egg Laying. For first 3 months interest payments are capitalized and paid in bullet payment together with the Loan principal payment.
Loan repayment: In full at the end of the Loan Term.
Crowdestor BuyBack fund: Yes.
Collateral: The loan is secured by the pledge of the following assets:
– Claim rights under the Chicken delivery contract before delivery – EUR 520 000
– Chicken Flock after delivery – EUR 520 000
– Guarantee of the Holding company