PMV corporate loans

PMV
Leningen
02 229 52 30
info@pmv.eu

PMV Corporate Loans are long-term finance solutions tailored for the needs of SMEs and large companies.

PMV Corporate Loans are for a minimum of €350,000 and a maximum of €5,000,000. PMV Corporate Loans can be either subordinated (“mezzanine financing”) or non-subordinated.

  • Who are they for?

    • SMEs and large companies that have:

      • an operating office in Flanders and/or provide added value for Flanders

       

      • a track record in generating positive cashflow
      • ​a strong position in the market
      • an evenly-balanced management team
      • a properly substantiated business plan that demonstrated sufficient capacity to repay current and future debts 

  • What are they for?

    • The following investments are eligible

      PMV Corporate Loans are intended to finance your tangible, intangible and financial investments. They can also be used to fund your operating capital needs linked to the development of your business.

      PMV Corporate Loans can also fund the purchase of shares in an existing company or the acquisition of (part of) the goodwill in the company. This type of acquisition may also be part of a family succession within the company, a management buy-out (MBO) or a management buy-in (MBI). PMV supports dynamic, skilful managers in their business endeavours by supporting them financially in taking over other companies. These loans often give a fresh boost to the company and make it possible to implement the strategic choices needed to keep the business growing or – in difficult market conditions – to hold its own in the market.

      And if you would like to refinance existing debts over a longer period so that you can retain sufficient working capital to safeguard your continuity and/or growth, then PMV Corporate Loans may offer the solution you are looking for.

  • What are the terms?

    • PMV Corporate Loans encompass various types of loan that differ from traditional (bank) finance because:

      • they have a longer repayment term. These loans run for an average term of 7 years and a maximum of 10
      • they are more flexible. This flexibility takes the form of:
        • the option to draw down the loan in one or more instalments
        • dividing the interest rate into a part to be paid in cash and a part that only has to be paid at the end of the term of the loan
        • deferring capital repayments for at least the first two years of the loan, including the option to repay the entire amount of the principal on the final due date of the loan
        • an adjusted repayment amount based on the risk profile of the loan, as defined by the repayment capacity and the ability to establish collateral
        • the possibility to repay the loan early

      Other terms include:

      • PMV Corporate Loans are for a minimum of €350,000 and a maximum of €5,000,000
      • the repayment of PMV Corporate Loans consists of an interest rate payment in line with the market, part of which is to be paid in cash and part is deferred for payment on the final due date of the loan
      • PMV Corporate Loans only provide part of your total funding needs and are always issued as part of a co-financing arrangement with banks, shareholders, managers, financial investors, etc.

  • Subordinated or non-subordinated

    • PMV Corporate Loans can be both subordinated and non-subordinated.

      Subordinated loans, also called mezzanine financing, are ranked after bank or other finance. This means that should the borrower go bankrupt, the subordinated loan can only be repaid once the bank or other finance has been paid back in full. Subordinated PMV Corporate Loans combine the elements of a loan, such as a fixed repayment term and a fixed interest rate, with those of a capital injection, specifically permanent financial resources designed to strengthen the company’s equity capital and solvency. The subordinated nature of these loans mean that they carry a higher risk.

      Non-subordinated PMV Corporate Loans are loans that carry a lower risk because they:

      • give preference over subordinated debts in the event of the borrower going bankrupt; and/or,
      • are guaranteed by specific first or second-grade collateral, whether or not on an equal footing with the banks; and/or,
      • are subject to covenants. These are conditions that the borrower must comply with, such as providing financial information adhering to financial ratios.

      The interest rate on non-subordinated PMV Corporate Loans is lower because the risk is not so high. They provide an additional form of finance with longer terms than traditional bank finance, which always continues to provide a minimum of 50% of the company’s overall funding needs. The company bank also remains the point of contact for other financial services, such as cash management, insurance, property management, factoring, leasing, etc.

  • Advantages

      • Deductibility of the interest rate payments from the taxable profit (in contrast with dividends)
      • No threat to the existing relationship with your company bank (everything stays the same)
      • Cheaper and simpler than capital
      • The maturity date and cost of the loan are known from day one
      • Strengthening of equity capital (with subordinated loans), without any solution in the shareholding
      • Leverage for bank finance and other forms of funding
      • No interference with the (day-to-day) management of your company
      • The decision-making process is clear and efficient
      • PMV acts as a sounding board for the business, providing financial and operating experience 

  • Take a look at our portfolio

    • Agrafresh is a Pittem-based family company involved in the processing of vegetables. The company provides daily supplies for its customers. Agrafresh controls the entire production cycle: its own crops and harvesting, purchases and imports, storage and processing using high-tech machinery, order-processing and packing.
        

      Alvey Group specialises in customised industrial automation projects. The group’s systems contribute to greater efficiency in factories handling containers, semi-finished and finished products. The company’s full portfolio of products and services includes automatic cranes, conventional and robot-controlled palletising systems, conveyor belts and other material-handling equipment, plus its Maestro+ software package.

        
      Belbal in Erpe-Mere is a major European manufacturer and printer of high-quality latex balloons. It also distributes balloon accessories and develops printing machines for the balloon markets. Belbal operates in more than 25 countries worldwide.  
        
      Citymesh is a provider of large-scale wireless broadband networks and solutions, based on Meshing technology. The company delivers WiFi services over long distances and large areas where there is a high concentration of users. It focuses on towns, cities and municipalities, holiday parks, exhibition halls and events, as well as public services such as the police and fire brigade.
        

      Columbus Steel specialises in tooling, selling and installing concrete reinforcing bars from its sites in Dendermonde and Diest. Columbus Steel operates mainly in the construction of tunnels, car parks, transport infrastructure, office buildings, hospitals and schools. 

        

      EXKi is a chain of restaurants serving fresh, healthy ready-made meals. EXKi was established in 2001 in Brussels and since then has opened in most cities in Belgium, as well as in the Netherlands, Luxembourg, France, Italy and the USA. The company concept is based along 4 main product lines: Natural, Fresh, Ready and Cosy.  

        
      Frigilunch in Veurne specialises in preparing ready-made meals. The company’s products find their way to consumers via wholesale distribution, home service and hospitality outlets and communities, both in Belgium and abroad. Thousands of meals are prepared with the greatest care every day at the company site in Veurne.
        
      GDM Electronics in Herentals specialises in the production of printed circuit boards for a wide range of applications in telecommunications, instruments, automation and computers. GDM provides its customers with total solutions, guiding them through the lifecycle of their products, from development to production and logistics support. 
        
      ISPC is a Cash&Carry and foodservice company working for the hospitality trade and catering companies. ISPC offers a very wide range of food and non-food items at its facilities in Ghent and Liège. ISPC stands out in the market for its high quality, as well as for providing a very wide range, focusing on ultra-fresh products. ISPC also aims to play an innovative role in the food industry. 
        
      Itineris develops and sells specialised software solutions for utilities companies, providing them with support at every stage in the value chain. In doing so, Itineris focuses on companies involved in the distribution and sale of energy and water, including the management of meter readings and raising energy bills. 
        

      Met meer dan 20 jaar ervaring, is de Juicy Group de leider op de Belgische markt in het produceren van ultra verse fruitsappen, smoothies en fruitsalades. Zij produceren volgens de meest moderne productietechnieken en een autocontrolesysteem die voldoet aan de HACCP en BRC voorwaarden. De Juicy Group NV is gevestigd in Erpe-Mere. 

        

      Malysse-Sterima is the Belgian market leader and specialist in processes and services for textile management, sterilising medical instruments and logistics for the health sector. A workforce of over 750 provides a whole range of services to hospitals, care institutions and medical companies. Malysse-Sterima is made up of three business units: Textile Services, Medical Services, and Logistics Services.

        
      Morubel is involved in the import, processing and distribution of frozen prawns and related seafood specialities, focusing on products with higher added value. The company supplies the food industry, foodservice companies and wholesalers across the whole of Europe. 
        

      Mydibel operates in the production of fresh, frozen and dried potato products. Each year the company processes 400,000 tons of potatoes, distributing finished products in more than 100 countries. Particular attention is paid to innovation, long-term investments and optimum usage of alternative energy sources.

        
      Nova Natie is located at the Port of Antwerp and manages 110,000 m² of warehouses spread across 3 sites at the port. Nova Natie is also the shareholder and managing partner in NHS, which owns 2 breakbulk terminals at the Port of Antwerp covering a total area of 55 hectares.
        
      Select HR offers total solutions in human resources, from selection and recruitment, consultancy services and staff administration, to outplacement. The company operates in the Benelux and currently has 25 locations.
        
      Septentrio is the world leader in the development and production of GNSS receivers and land surveying equipment. The company’s product range is very versatile and can easily be integrated into various areas of industry.
        

      Bruges-based Structo specialises in the prefabrication, preliminary design and assembly of reinforced and prestressed concrete products. Beams, columns, floor and roof elements, wall panels and bridge beams are just some of the products supplied by Structo in Belgium and abroad.

        

      Veritas is a Belgian retail of fashion accessories that operates in Belgium and Luxembourg. It sells other makers’ existing brands as well as its own in-house brands, inspiring its customers to work with an extensive range of accessories, ideas and ingredients.

       

  • Our team

    • Filip Lacquet

      Group manager corporate finance

        

      Emmanuel Damman

      Business Manager PMV corporate loans

        

      Tim Lievens

      Senior investment manager

        

      Nathalie Sierens

      Senior investment manager

        

      Bart Van Hoe

      Investment manager

        

      Lutgarde Van Rossem

      Management assistant

       

portfolio

PMV
Leningen
02 229 52 30
info@pmv.eu