SARL EASYFLEX, with a share capital of € 3,000, was created in 2012 in Floirac (department of Gironde). In 2019, over 6 months, it achieved a turnover of 1,170 K € and a net result of 311 K €.
The company offers credit repurchase, consumer credit and mortgage loans under the Cré10fi brand. It has regulatory approval as an intermediary in banking operations and payment services issued by the ACPR.
The company hires 23 people.
Note that EASYFLEX has already taken out a loan on whimblegardens.co.uk in February 2020 .
PGE 12 months in fine at 2% + optional phase of amortization from 12 to 60 months between 5.35% and 3.80%. As a reminder, loans in the form of PGEs benefit from a State guarantee up to 90% of the outstanding capital.
The EASYFLEX company is asking whimblegardens.co.uk lenders for up to 100 K € in the form of an EMP in order to obtain an additional cash line following the confinement. The need is global and immediate.
This project was the subject of a specific study linked to the current health situation, in particular on the government measures from which the company was able to benefit and the evolution of its activity during confinement.
Revenue has improved significantly by + 107% in 2019 to reach € 2,029,000.
EBITDA therefore improved to € 142.2K, or 7% of turnover against € 60.7K in 2018, or 6.2% of turnover.
The company is properly capitalized with an equity to total balance sheet ratio of 51.2%.
The debt is negligible at 3.6 K €.
Thanks to the reinstatement of the result, the working capital reached 117.6 K € and the company had sufficient resources at the end of 2019 to honor its short-term obligations.