Riga, Latvia

SIA “Transports for VIP persons.”

Active

SIA “Transports for VIP persons.”

Borrower:

SIA “Transports for VIP persons.”

Type:

Business growing

Opens:

10 Sep 2019

Extended till:

-

Interest rate:

19.10% per annum

Loan period:

7 months

Funding target:

€ 100 000

Still need:

€ 16 302

Funded:

€ 83 698

Buyback:

5 % fee

Risk level:

Low

Collateral agent:

Monethera Group OU

Guarantees:

Pledged commercial assets and personal guarantees of the director

Repayment schedule:

Monthly on the 1st day of each month

SIA “Transports for VIP persons” is a full-service luxury transportation company providing executive and leisure services 24 hours a day, seven days a week. For many years, the company proved to have the best quality of transportation, professional customer service, and confidentiality.

Actually, the company wants to expand its offerings and to offer an extremely demanded option, “Mobile office.” In megapolis, the rhythm of life is hectic. A successful business requires to stay in touch and make decisions no matter where you stay.

SIA “Transports for VIP persons” decided to introduce a fundamentally new project: to purchase luxury minibusses and to refurbish them, converting them into mobile offices for VIP passengers.

The "Mobile Office” is a loose term that is used to label a diverse range of vehicles that range from the luxurious, reserved for executive usage, to portable workstations, used for commercial or corporate usage.

VIP Transportation Services

Usages for mobile offices tend to vary from business to business, as some use these more as a productive shuttle or transport vehicle, while others prefer to use them as a mobile marketing tool, or as a hub to conduct certain business operations onsite, rather than from an explicit brick-and-mortar location.

SIA “Transports for VIP persons” wants to create a mobile office that is tailored for individual or business needs and satisfies the needs of even the most demanding customers. From the quiet and comfort of a Mercedes Benz V300d 4matic Edition Extra Long Mobile Office Van, you can stay connected and conduct business-as-usual from anywhere in the world.

Like your own private jet on wheels, the vehicle will be equipped with wireless internet connectivity, command and control consoles and monitors, telephone service, satellite, fax machines, printers and much more, in addition to the meticulous design and comfort standards. Whether you frequently work on the go, want a luxury mobile showroom to impress clients, or simply want a comfortable and relaxing environment during transit, the Mercedes Benz V300d 4matic Edition Extra Long, re-furbished by SIA “Transports for VIP persons”, will fit the bill.

We, at Monethera, are sure that this investment opportunity has a promising future and will be profitable for those who will participate.

Refinement of minibusses to the option of a lux class mobile office includes:

replacement of all seats with comfort seats;

installation of soundproof partitions;

sound insulation improvement;

installation of a panoramic roof and additional lighting;

complete replacement of the rear trim;

installation of monitors;

installation of the hi-end class system.

About the company

The SIA “Transports for VIP persons” main office is situated in the Old Town of Riga, Latvia. The company has operated in the market of VIP transfers for many years and has permanent clientele in the domestic Latvian and European markets. The company tries to be in the vanguard of market processes and to implement, as soon as possible, new trends, paying particular attention to quality and impeccable service.

The luxury cars of the company have already been a place for business meetings, conferences, or private events. This company demonstrates the ability to adapt the cater to the needs of the contemporary client, who values time and is used to staying in a comfortable environment no matter if he is on a business trip, vacation, etc.

The company creates a tailor-made solution for each type of project, handled safely, carefully, on-time, and with a personal touch.

Summary / Project description

Industry: transportation, logistics

SIA “Transports for VIP persons” willing to purchase and refurbish 2 Mercedes Benz V300d 4matic Edition Extra Long, converting them into VIP “Mobile offices”.

The total amount of funding needed for the project realisation is 100.000 EUR.

The current investment opportunity offers you to loan money with a 19,1% of an annual interest rate for the loan period of 7 months.


This project guarantees high profitability and short time-limits for realization and liquidity. If you want to diversify your investment portfolio and receive your money back rapidly, we offer you an optimal option.

The project will be realized following the next steps:

1

Phase 1 of the project: To order two minibusses, Mercedes Benz V300d 4matic Edition Extra Long from an official retailer. The manufacturing terms of the vehicles are 2 months from the moment of the final payment to the dealer. The official catalog price of one vehicle is 70.183,82 EUR, including VAT. A discount offered by the dealer to SIA “Transports for VIP persons” is 11%. This means that the final cost will be reduced to 53.133 EUR, excluding taxes.

2

Phase 2 of the project: Delivery of the minibusses from the manufacturer to the tuning atelier, specialized in the refinement of vehicles and upgrading them to luxury class. The average delivery period is 14 days.

3

Phase 3 of the project: Complete refinement and alignment of 2 vehicles. Estimated production period is four months from the date of delivery from the manufacturer to a tuning atelier. Calculations of improvements are based on the price of 34.290 euros and 38.900 euros respectively.

4

Phase 4 of the project: Delivery of vehicles from tuning atelier to the final customer. This procedure takes approximately 14 days.

5

Phase 5 of the project: Registration of vehicles in state Latvian registers.

6

Phase 6 of the project: Obtaining of bank financing (leasing).

7

Phase 7 of the project: The total repayment of the received financing.

Estimated expenses needed for the realisation of the current project:

Price per MVP (Minimum Viable Product): the cost of one car is 53.133 EUR, the total price of two vehicles is 106.266 EUR.

The price of transportation of one vehicle from manufacturer (situated in Spain) to Germany is 600 EUR, and 1.200 EUR respectively for two cars.

Manufacturing time is 2 months from the moment of the final payment.

The cost of insurance for transportation for one car is 55 EUR, and for two cars is 110 EUR.

The cost of tuning MVP for one vehicle is 34.290 EUR, and the tuning price of MVP 2 is 38.900 EUR.

The price of transportation to Riga is calculated on the next basis: one car transportation price is 750 EUR, and 1.500 EUR for two cars, respectively.

Registration of one vehicle in Latvian state registers will cost 100 EUR, of two cars, 200 EUR.

Individual number plates cost 3.648 EUR, and for two cars the total price is 7.295 EUR.

Taxes that need to be paid for one vehicle are 11.158 EUR, for two cars, 22.316 EUR.

Car price verification costs 35 EUR, for two cars 70 EUR.

Leasing commission for one car is 964 EUR, for two vehicles, 1.928 EUR, respectively.

Leasing cover for one car costs 57.790 EUR, for two vehicles, 115.580 EUR.

Why SIA “Transports for VIP persons” is looking for funding?

To purchase and refurbish two Mercedes Benz V300d 4matic Edition Extra Long, converting them into VIP “Mobile offices” SIA “Transports for VIP persons” will be obliged to take out a considerable amount of funds from their current assets. To avoid any possible hazards to other current projects, the management of the company has made a reasonable decision to loan the necessary amount of investments to cover all the expenses regarding the purchase and refurbishment of 2 vehicles.

We, at Monethera, carefully examined the proposal of SIA “Transports for VIP persons” and we advise you to invest money in the project, because we are convinced that the company is able to fulfill the assumed obligations and guarantee the repayment of the entire loan.

Loan

The funding target is 100.000 EUR for 7 months.

Interest rate: 19,1%, secured debt.

Loan period: 7 months.

Repayment schedule: Monthly on the 1st day of each month.

Loan purpose: Purchase and refurbishment of 2 Mercedes Benz V300d 4matic Edition Extra Long, converting them into VIP “Mobile offices”.

Repayment of Principal Loan in full at the end of the loan period.

The future of the project and long term cooperation: Once the total amount of loan is repaid, SIA “Transports for VIP persons” is open to discuss further cooperation opportunities.

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1

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