Industrial equipment financing for clay treatment €2.45MM

The Company wants to innovate and make the process of clay treatment more sustainable and efficient and wants to implement a facility for the treatment of clay by granulation instead of an atomizer (traditional way).
The Company will use the treatment of clay for ceramics sector (intensive gas and electricity consumption).
The cost of production using this new procedure would have a cost saving of more than 60% (electricity, gas and CO2) compared to the treatment of clay through atomization method.
Strategical equipment providing a significant competitive advantage in relation to market competitors.

Crede structures a 6-year Lease for the acquisition of the new industrial machinery, with a balloon at the end-of-term of the operation.
Pledging of 100% of receivables arising from signed contracts with its corporate customers.
Lease starts at delivery of equipment by supplier.
Group which the Company is part of with proven track record, experience and successful in management is backing the transaction.
Obligatory maintenance contract with supplier during life of the lease.

The Company is able to implement a more sustainable treatment process in a field with high resources consumption.
Customer can account the contract off-balance sheet and does not compute CIRBE as it is a private contract.