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FinoMark comment
FinoMark made a decision to enter into an agreement with UAB "Investicijų komanda", granting short-term loans of up to 9 months to meet the current needs of the company. This loan is guaranteed by all three other companies that are shareholders of the Kaita Group, thereby spreading the risk among all shareholders. Such an arrangement helps to ensure business continuity and stability between project phases until revenues are generated from ongoing projects. or other sources, helping to maintain the smooth execution of projects and financial stability.
Project description
LDK Finansai will direct the funds received to the financing of UAB Kaita Group projects. As Kaita Group focuses on real estate development and lease management, these funds will be used to ensure smooth project execution and efficient business continuity. The need for working capital is extremely important for several reasons:
1. Short-term financial obligations – covering expenses before receiving income.
2. Continuity of project implementation - a stable flow of funds allows for timely completion of works.
3. Operation of rental projects - maintenance and administrative expenses of rented objects.
This financing will ensure flexibility in managing the project portfolio and quick response to market changes.
Purpose of raising funds
For working capital
