Maclear Project Investstroy 3000
- Written by
- Just P2P
- •
- Updated August 26, 2025
Score B+
Investstroy 3000 EOOD is a Bulgarian company operating in the construction and renovation sector. The company provides diversified services including structural works, electrical, plumbing, thermal insulation, interior design and landscaping. It serves major institutional clients such as Landmark Property Management AD, Ghekobulgarganz and Sofia Tech Park.
The project aims to acquire heavy construction equipment: JCB excavators, concrete mixers, trucks and cranes to optimize site efficiency. The company seeks to increase its operational capabilities, meet growing market demand and support its growth with expected revenues exceeding 3.2 million € in 2025.
Investment terms
Loan requested : 600,000€
Period : 13 months
Interest rate : 14.7%
Loan requested : No direct financial contribution mentioned
The requested amount represents approximately 18.7% of projected 2025 turnover (3,208,237 €) and 1.64 times expected net profit (364,829 €), demonstrating a substantial project size but proportionate to financial capabilities. The absence of the company’s own contribution to the financing is noteworthy but understandable given the company’s turnover.
The loan will be used to acquire equipment detailed in the plan (JCB excavator 150K €, Grado XP706 electrical equipment 150K €, Carmix concrete mixer truck 100K €, Putzmeister plastering equipment 100K €, Maeda crane 100K €). This equipment will strengthen execution capacity for existing contracts with major clients (Sofia Tech Park, GREENLIFE DRUZHBA).
Risk metrics
Debt/Equity Ratio : 0.81 (Low risk)
LTV (Loan to Value) : 26% (Low risk)
Credit History Score : 7/10 (Average Creditworthiness)
The debt/equity ratio of 0.81 indicates prudent financial leverage, positioning the company in the low risk category with a balanced capital structure. The 26% LTV offers substantial security margin for investors, with assets significantly exceeding the borrowed amount.
The credit score of 7/10, while acceptable, remains below the “good” threshold, suggesting a less than ideal credit history. These metrics collectively suggest a controlled risk profile with solid guarantees partially compensating for the company’s credit history which needs improvement.
Business profile
Geographic Location : Bulgaria (EU member states)
Industry Sector : Construction/Services
Collateral Type : Equipment/Company assets
Bulgaria offers strategic opportunities with a construction market growing at 3.9% expected in 2025 (projected average of 4% per year until 2029), supported by infrastructure and renewable energy investments. The sector benefits from 2.3 billion € European funding for climate transition by 2027 and the 2024-2027 transport connectivity program.
Guarantees include construction equipment valued at 2,286,962 € including JCB excavators, Grado XP706 equipment and specialized vehicles. The company demonstrates stable expansion with projected revenue growth of 15.7% and continuous improvement in profit margin, demonstrating effective operational management.
Positive / Risk factors
Positive factors
- Diversified clients with established contracts
- Construction market growth: 3.9% in 2025
- Healthy debt/equity ratio: 0.81
- Very conservative LTV at 26%
- Equipment guarantees: 2.3 million €
- Projected revenue growth: +15.7%
- Solid net margin: 11.3%
- Well-structured equipment acquisition plan
Risk factors
- Insufficient credit score: 7/10
- No equity contribution from company
- Very short loan term: 13 months
- Sector sensitive to economic cycles
- Bulgarian market of limited size
- High interest rate: 14.7%
- FDI decline in Bulgaria: -56.2%
Opinion Investstroy 3000
The B+ rating is justified by the excellent debt/equity ratio of 0.81 and very conservative LTV of 26%, which largely compensate for the less than ideal credit score of 7/10. While the absence of equity contribution is noteworthy, the substantial value of existing guarantees (2.3 million €) and the detailed investment plan offer solid protection to investors.
The Bulgarian construction market, with expected growth of 3.9% in 2025 and European funds support, offers a favorable context despite the recent decline in Foreign Direct Investment (FDI), making this investment a balanced opportunity with an attractive return of 14.7%.
