Operational Working Capital

About This Project

Division:	La Base United States
Co-op:	Brooklyn Stone & Tile Corporation
Status:	Active
Amount:	US $517,055.00
Location:	Brooklyn, United States
Signing date:	January 23, 2019

Working Capital Investment Loan to support the operating expenses for BKST as the business grows and focuses on taking on bigger projects

Details

Working Capital Investment Loan to support the operating expenses for BKST as the business grows. BKST's sales strategy going forward will be to focus on bigger size projects and ultimate, that requires greater amount of capital with longer term repayments.

Other Loans to This Co-op

November 1, 2018	US $120,000.00	Active	Working Capital Investment Loan to support operating expenses for Brooklyn Stone and Tile as they work to establish themselves as a premier stone and tile fabricator and installer in the NYC market.
April 1, 2018	US $115,000.00	Active	Startup loan to cover initial equipment costs for launching a Brooklyn Stone and Tile, a stone and tile fabricator and installer operating in the greater NYC region
April 1, 2018	US $255,000.00	Active	Working Capital Investment Loan to support operating expenses for Brooklyn Stone and Tile, a stone and tile fabricator and installer working to launch in the greater NYC region.
March 19, 2018	US $155,684.09	Active	Line of credit for raw materials for Brooklyn Stone and Tile, a stone and tile fabricator and installer pursue a lean startup.