Loan Collateral
MILEX CAR RENTAL CO. L.L.C offers a combination of existing and newly acquired vehicles as collateral for the €500,000 loan. The primary security consists of the company’s current fleet and additional vehicles to be purchased with loan funds.
Fixed Asset Collateral: Vehicle Fleet €457,200
- Nissan Pathfinder 2022 (8 seats) x1
- Nissan Pathfinder 2023 (4WD, 8 seats) x2
- BMW 228i 4WD 2021 x1
- BMW 520i 2021 x1
- BMW 520i 2020 x1
- BMW 520i 2023 x1
- BMW M235i 4WD 2023 x1
- BMW X5 40i xDrive 2022 x1
- KIA Sportage 2022 x1
- KIA Sportage 2023 x1
- Audi A5 2022 x1
- Audi A6 2023 x1
While depreciation impacts asset value, the company’s fleet remains a liquid asset generating stable rental income.
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