presented by Newtech Marketing s.r.o.
Fixed interest, %
Running time, months
Already invested, €
Created in 2017, Let’s Invest BD is the holding company dedicated to the acquisition of Dawa, a company specialized in IT systems and software consulting for companies. The company employs 2 people and is based in Prague.
|Maturity payment:||after 84 months|
Created in 2017, Newtech Marketing is active in the IT service sector. The company has 5 employees and is based in Prague. The company developed several innovative projects: Marketing timelines graph, Bridgestone tyres selection, GE Money bank customer’s care program.
The company’s main activities are:
Programming service delivery
Mobile Software Development
The company works with Unilever, BIC, Voodoo, Bridgestone and others.
The company requests a loan of 467 000 € over 36 months to finance development of software and the purchase of hardware for a specific project with a major client for the digital transformation of its documentation. This project will be realized in the next few months.
With a turnover of 617 000 € in 2018 and an experienced team, the company has a good track record combined with a two-digits operating margin.
The increase in turnover is due to an increase in the number of services.
The decrease in the ebitda margin is due to the increase in rental prices due to their change of offices.
The forecast is based on the 2018 performance. The companay forecasts 1020k€ of 2019 turnover and achieves its revenue targets between January and march 2019.
The borrower has a good repayment capacity with a forecast FCCR (Fixed Charge Cover Ratio *) at 1,22 and an strong financial structure, with a forecast net debt / ebitda ratio of 0,3 and a net debt / shareholder equity of 26%.
The analysis of the project leads to a credit rating of B and a 5,75% annual interest rate.
*The multiple of FCCR at 1,22 means that the company has a safety margin of 22% relative to its ability to repay its credit maturities.
The expert opinion is given as an indication on the basis of the elements provided by the project holder and information from our databases (External data provider). This opinion is only an element of reflection in the decision making of a lender to participate in the financing of a project.
Mr. Anfroy wants to change his business and sells his valued company according to the multiples of the profession for a value of € 550,000. The buyer via Let’s Invest BD wants to borrow € 467,000 over 84 months, to finance the acquisition of the company, the balance being financed by personal contribution.
Like all projects presented to Lendix private lenders, it is co-financed by institutional investors, sophisticated investors, and Lendix management, Lendix Fund subscribers.
* The FCCR multiple of 1.66 means that the company has a 66% safety margin compared to its ability to repay its credit maturities.
The expert opinion is given as an indication on the basis of the information provided by the project owner and information from our databases (Scores & Decisions, Bank File Companies). This opinion is only an element of reflection in the decision of a lender to participate in the financing of a project.