Biomass Fuels Company Seeking Loan in Šiauliai, Lithuania
- Engaged in the trading of wood and biomass products.
- We sell both high-quality wood for use in furniture as well as lower quality wood for heating purposes.
- Also sell biomass for using in heating.
- Primarily sell to dealers in Malaysia, Germany and Ireland.
- Source the products from manufacturers from Lithuania, Ukraine and Belarus.
- Business has already secured orders worth USD 370,000 for the next year.
- Sales were impacted negatively last year as the promoter met with an accident and the business was non-operational for a period of 6 months.
- Business intends to enter the heating oil trading business and has identified an attractive acquisition of an oil shipping firm.
- The acquisition price for the firm is USD 8M and the owner can contribute USD 2M in his personal capacity.
- The promoter intends to finance the remaining acquisition price through a loan.
- Also open to an equity investment.
Wood (Both high grade and low grade) and Biomass fuels.
Earlier than 15 daysBusiness Consultant, Cape Town, Business Broker connected with this business
Earlier than 15 daysCEO, Milan, Financial Consultant connected with this business