Newly Established Residential Real Estate Construction Company Seeking Loan in State of Santa Catarina, Brazil

- Company that builds and sells high-end apartments on the coast of Santa Catarina.

- Total work in hand is estimated at BRL 22 million.

- BRL 9 million average of closed contracts receivable.

- Low sales at the moment but will recover with work in hand and receivables.

Rural Guarantees (Properties, land)

- Land in Erechim - worth BRL 160,000 sq. m.

- Land in Tijucas - worth BRL 200,000.

- Rural area in Sertão do Trombudo 13 thousand m² - worth BRL 1.4 million.

The company's main materials suppliers are Isoart Frames, Fortmarmore, and Silpinos.

Apartments, commercial rooms, sheds, high-end houses, subdivisions and lots, and rural farms.

Tangible assets:

- Land, farms, apartments, houses, subdivisions.

- Land in Erechim - worth BRL 160,000 sq. m.

- Land in Tijucas - worth 200,000.

- Rural area in Sertão do Trombudo 13 thousand m² - worth BRL 1.4 million.

Intangible assets:

- Receivables contracts, company, and company brand.

The company's office has 13,000 meters of built area and 20 floors.

- Customers generally pay in cash or installments under a purchase and sale contract.

- Total debt is BRL 165 thousand.

- Sole owner.