Magadan Minerals OÜ, a leading Estonian real estate development company, recently shared insights into their successful collaboration with smeGo. In an exclusive interview with Karita Palusoo, the manager of Magadan Minerals OÜ, we delved into their financing journey and its transformative impact on their projects.
Why the Need for Financing?
Magadan Minerals OÜ found itself in need of additional financing for its real estate development activities. Despite having an existing creditor, obtaining additional funding proved to be a challenge. The obstacle arose from the fact that the client had fully utilized the maximum loan limit with another financing company, amounting to 4 million euros.
Discovery of smeGo
Asked how they discovered smeGo and why they chose it over other options, Karita Palusoo revealed that a friend had recommended the platform. The decision to opt for smeGo was motivated by the personalized approach and remarkable speed in executing financial solutions.
Achievements with smeGo
The financing from smeGo played a crucial role in propelling Magadan Minerals OÜ forward. It enabled them to expedite new projects and achieve better results than would have otherwise been possible. Without smeGo, they would have been forced to wait until their own capital was released from existing projects.
Surprises in the Collaboration
Karita Palusoo expressed her joy in working with smeGo and emphasized that Project Manager Anna Mohnatseva was the most surprising element of their collaboration. Mohnatseva’s solution-oriented approach and personal touch stood out, adding a positive dimension to the financing experience.
A Personal Touch Amidst Efficiency
Responding to what advice they would give to those considering working with smeGo, Palusoo emphasized that smeGo stands out from large traditional banks that have become robotic in their operations. smeGo is described as personal, and others are encouraged to explore financing options with them. Magadan Minerals OÜ has testified to the value of choosing a partner that understands the unique needs of businesses.
In conclusion, the success story of Magadan Minerals OÜ and smeGo illustrates the importance of personalized, efficient financial solutions in the dynamic world of real estate development. Aspiring entrepreneurs and businesses aiming for flexibility and a personal touch in their financial partnerships can draw inspiration from the transformative collaboration between Magadan Minerals OÜ and smeGo.
