Agriculture Wholesale Businesses Seeking Loan

Engaged as traders of maize, soya, and cotton providing high-quality agricultural products to meet market demands. - Established strong relationships with 4 key distributors, ensuring effective distribution channels and reliable supply chains. - Collaborate directly with 300 farmers who supply goods, fostering a community-driven approach that supports local agriculture and enhances product quality. - The promoter brings 4 years of valuable experience in the agricultural industry, contributing to the company's expertise and operational efficiency. - Fully compliant with all regulatory requirements, including licensed incorporation and GST registration, ensuring a transparent and professional business operation. - Our presence spans across 3 districts in Telangana, allowing us to serve a diverse client base and strengthen our market position in the region. - We do not need a high employee count since we are engaged in wholesale transactions.

Business specializing in the procurement, processing, and sale of white copra. - Has a current monthly production capacity of 27,000 kgs (equivalent to a 20ft container). - Sustainable sourcing is from owned coconut fields with supplementary procurement from local farmers during production declines. - Clients are four domestic exporters with monthly supply frequency. - There are over 300 local farmers in West New Britain producing white copra. - Current facilities primarily consist of permanent copra dryers, offering reliability in processing capabilities. - Monthly procurement and supply frequency enhances operational efficiency and inventory management. - Strategic goal is to transition from domestic distribution to international markets, tapping into global demand for white copra.

Business specializing in the procurement, processing, and sale of white copra. - Has a current monthly production capacity of 27,000 kgs (equivalent to a 20ft container). - Sustainable sourcing is from owned coconut fields with supplementary procurement from local farmers during production declines. - Clients are four domestic exporters with monthly supply frequency. - There are over 300 local farmers in West New Britain producing white copra. - Current facilities primarily consist of permanent copra dryers, offering reliability in processing capabilities. - Monthly procurement and supply frequency enhances operational efficiency and inventory management. - Strategic goal is to transition from domestic distribution to international markets, tapping into global demand for white copra.

The business has a diverse range of products and services, which includes packaging and selling agriculture products like pulses, cereals, oil seeds, grains, and spices to both wholesale and retail segments. Additionally, they also operate a dairy farm. - With a team of 12 employees, the business has established relationships with about 16 suppliers and 40 buyers, indicating a strong network within the industry. The business also hires some contract workers as and when required. - Current packaging capacity of the business is approximately 150 KG packets of items, showcasing their operational capabilities. - The business is Udyam certified.

The company used to supply coconut husk chips. - We shut down 3 years ago post-COVID due to economic instability. - We supplied to 4 agricultural companies. - The company has a valid certificate of incorporation (COI). - The owner has 11 years of experience in the industry. - Since we already have a network of suppliers and clients, we will be able to finance the loan. - When it was operational, the company made around 1.5 million LKR annually. - We expect to launch operations as soon as we get funding and can start paying the interest a month after beginning operations.

The company operates in the agriculture wholesale industry in Pune and started its operations a few months ago, with a team of 10 employees. - Its primary products include curd, milk, ghee, grains, and vegetables, with a focus on second-line trading and distribution of Amul products to last-mile delivery companies such as Zepto, Swiggy, and Blinkit. - The business has a direct procurement model for vegetables and grains from farmers in the Nagar district, which are then supplied to various delivery apps. - With a focus on efficiency, the company receives weekly payments and orders, contributing to a stable cash flow. - The company has plans for expansion, aiming to set up a dairy factory in the near future. - Company is registered with MSME and GST certificates and is in the process of obtaining an FSSAI license.

The business is focused on the export of fresh fruits and vegetables, primarily operating in Surat, with plans to expand into new products. - Currently, the business has 2-3 clients, one each in Dubai, Surat, and Navi Mumbai, with a regular basis order from a local and international neighbourhood country. - The company has the necessary export license and FSSAI certification. - Procurement of products is from two suppliers in Nasik and Navi Mumbai. - The owner's uncle has extensive experience in the export-import (EXIM) business in Saudi Arabia (KSA), providing valuable knowledge and insights into the business. - With a focus on the center of selling area in Dubai and neighbouring countries such as Saudi Arabia, Oman, and Yemen, the business aims to capitalize on these markets for growth opportunities. - The business currently operates with a margin of 15-18% and is seeking to expand its product line beyond fresh fruits and vegetables, such as green chili, pomegranate, and lemon. - As a relatively new business, it has been operational since the end of last year and is yet to report any sales, indicating potential for significant growth and development in the coming years. - Given the nature of the business, we hire labourers from time to time as the need may be depending upon the order size.

Based in Makassar, the business operates within the agriculture wholesale industry, primarily functioning as a supplier of frozen seafood. - The top selling product is soft bone cuttlefish, which is supplied to local retail shops and hotels for cooking and serving to customers. - The business has a client base of 5 local companies, with orders ranging from 600 kilograms to 1 ton per month. - The business has more than 15 fishermen as suppliers for procuring stock. - The business has acquired all regulatory authorizations and licenses, ensuring full compliance with standards such as Food Safety Standards and the licensing and permits necessary for seafood suppliers.

The business operates in the agriculture wholesale industry, specializing in the procurement and distribution of fresh organic vegetables and fruits. - Located in Hassan, the business serves as a key player in the agricultural wholesale market within Karnataka mainly delivering its products to Bangalore. - With a team of 49 dedicated employees, the business demonstrates a commitment to operational efficiency and productivity. - The product and service offerings include fresh organic vegetables and fruits, catering to the demands of wholesalers and delivery chains such as Big Basket and other similar entities. - The recent addition of a mushroom unit has proven to be a lucrative investment, yielding a remarkable 300x margin within a 3-month period. - Despite facing challenges related to water scarcity, the business has exhibited resilience by generating substantial revenue from the sales of leafy vegetables. - The business has established strong partnerships with major players in the market, currently serving over 300 wholesalers and demonstrating a robust distribution network. - While operations were limited in the previous year, the business is now strategically positioned to embark on an expansion phase, capitalizing on the growth potential within the industry. - The leadership team boasts extensive experience, with the directors collectively possessing decades of industry knowledge and expertise, positioning the business for sustainable growth and success.

Company involved in the processing and export of Cocoa to Northern Africa. - Seeking senior secured lender for a USD 1.5 million short-term commodity trade finance facility for a cocoa processor/trader in Spain. - Each deal amount is approx USD 50,000 - USD 100,000 on shipment of cocoa powder from Spain to 4–5 buyers mainly in Northern Africa (Morocco, Algeria, and Tunisia). - Each deal of 40-80 days is on an uncommitted, transactional basis and continuously recurs. - 60% of the deals are receivable finance of 30–60 days. Buyer non-payment risk is covered with Coface Spain credit insurance. - 10% of the deals are voyage finance of 10–20 days. Financing is from the load port to the destination port. The lender receives payment 2 days before the vessel. Arrives at the destination port. Release of title to cocoa occurs after receipt of payment. - 30% of the deals are voyage finance followed by receivable finance for a financing period of 40–80 days. - Up to 15 deals may overlap but cannot exceed USD 1.5 million in aggregate. - Senior secured lender to provide 85% of each loan. Hommocks will provide 15% of each loan as a junior secured lender. - Hommocks will document the agreements and book/administer the loans. - Interest rate is SOFR + 8%pa. Current SOFR is approx 5.35%pa. Thus, all-in rate is 13.35 %pa (=8.5% + 5.35%) currently. There will be a floor SOFR of 3.5%pa. - The borrower company was founded 11 years ago and is located in Northern Spain. - The borrower company's annual sales are USD 2.5 million, total assets USD 4 million, and equity is USD 0.8 million.