Trade financing/factoring for the purchase of raw timber for production process

The company PALLET TIMBER COMPANY SIA is a Latvian venture that is successfully working on the market of producing sawn dimensional timber products and different types of wooden pallets since 2012. The company operates modern production facilities in Riga, Latvia, which allows it to optimize raw products purchasing and logistics costs. Latvia is one of the richest countries in Europe in terms of forest – approximately one half of its territory is covered with woods. A vast variety and wide availability of different types of local raw timber makes woodworking industry one of the country’s most advanced and well-known at different export markets. PALLET TIMBER COMPANY SIA uses trademark “Made in Latvia” as an additional competitive advantage for its produce.

Company

Pallet Timber Company SIA

Category

Working Capital

Country

Latvia

Protection

BuyBack 5% Penalty Rate. Commercial pledge in favor of Envestio Collateral Agent, Personal Guarantees

AIR

20.67%
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Term

6 Months