The latest news from Pickawood: Crowd investing
Our client Pickawood has been manufacturing furniture individually, sustainably and made to measure. Since their foundation in 2012 the company has received orders worth 20 million. In 2019 they even managed to grow by 45 percent. In order to be able to expand the company further, Pickawood is now entering the second round of crowd investing with Seedmatch.
Crowd investing? Most people are probably more familiar with crowd funding. Crowd investing basically combines crowd funding with classic corporate financing, which is done by selling shares of a company. This financing option is often used by young companies and start-ups, such as Pickawood. Now you have the chance to get shares of the company Pickawood. With the so-called venture-debt-loan you can invest your capital at a fixed interest rate. Furthermore, you will profit from the economic success of the company. Pickawood offers you a fixed interest rate of eight percent with a semi-annual pay-out.
Pickawood would like to use your invested capital to invest in additional lockers, wardrobes and the 3D configurator. They are planning to open two more showrooms in Munich and Berlin to be able to advise their customers there as well. In the future large orders should also be received from the B2B sector. In order to be able to achieve this, the sales team should be expanded, too. Pickawood now offers you the opportunity to participate in a strongly growing and innovative company.