Financial Proposal Helps Pandora Open New Location in Puerto Rico
Pandora Jewelry, an international jewelry chain, sought to expand their business into a new location in Puerto Rico's largest shopping mall. Securing capital for such a venture in the midst of economic uncertainty proved challenging, so Pandora turned to the Puerto Rico MBDA Business Center. After evaluating Pandora's business objectives, the MBDA developed a finance proposal and strategy that convinced the state-run Economic Development Bank to fund the project for $0.5 million.
In the first six months of operation, the store met its 12-month revenue goal and currently reports revenues in excess of $20 million.
| MBDA CLIENT ASSISTANCE BY SECTOR | ||||||
|  | Private Sector | Federal Government | State Government | Local Government | Not Disclosed | Total |
| Dollar Value of Contracts | $3,417,583 | $37,737,000 | $107,169,258 | $1,036,900 | – | $152,219,832 |
| Dollar Value of Capital | 136,325,471 | – | 186,975 | – | – | $136,512,446 |
| Number of Contracts | 6 | 1 | 28 | 9 | – | 44 |
| Number of Capital Transactions | 43 | – | 1 | – | – | 44 |
| TOTAL TRANSACTIONS | 49 | 1 | 29 | 9 | – | 88 |
| MBDA CLIENT ASSISTANCE BY INDUSTRY | ||
| Number of Transactions | Value of Transactions | |
| Construction | 72 | $221,807,363 |
| Manufacturing | 1 | 89,533 |
| Retail Trade | 7 | 11,285,002 |
| Services | 6 | 54,621,247 |
| Wholesale Trade | 2 | 929,133 |
» Download FY2012 Report for Puerto Rico
Performance’
Published on: 19/04/2017
