Hantig Electriservices | Client of DAI Asset Management (“DAI-AM”) portfolio company, RoCredit
Hantig Electriservices is a Romanian electrical systems contractor that provides consultation and construction services for plumbing, electrical, and HVAC systems. Although the majority of Hantig’s contracts originate internationally, the founders were seeking financing to build a domestic presence in addition to other activities. After having been refused credit by several Romanian Banking Institutions, Hantig sought financing from RoCredit in 2019, utilizing RoCredit’s monthly repayment loan as well as a credit line for discounts.
With RoCredit’s help, Hantig was able to establish a new business line, generate predictable cash flows, meet payroll, finish contracted works on schedule and obtain materials with advance payment, for which Hantig receives a 10% discount.
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