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Brick Factory Seeking Loan in Bangkok, Thailand

Innovative construction materials manufacturing company in Bangkok seeks loan for business expansion.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 900 thousand
Run Rate Sales USD 900 thousand
EBITDA Margin 27 %
Industries Brick Factories
Locations  Bangkok
Local Time 4:02 AM Asia / Bangkok
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 4.5 million for 10.0% annual interest, 10 years (Native Currency: THB 165,000,000)
Reason: To acquire the land on which the factory is situated, to add additional production line (machines), ... View More
Collateral Available: USD 4 million
Includes physical assets worth USD 540 thousand
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Business Overview

- Construction materials manufacturing company in Bangkok producing innovative concrete blocks and cement bricks.

- We use new types of production techniques and our products are more durable, waterproof, UV resistant.

- Selling the products directly to construction projects through architects and designers.

- Have supplied products to 10-15 commercial projects till date and have already secured 10-12 projects for this year.

- Production capacity of the facility is 1.5-2 million blocks per year and we are utilizing 100% of the capacity. Planning to increase the production capacity to 4.5-5 million blocks per year.

- Business owns inventory, machinery, equipment, website, furniture.

- The company restructured its balance sheet by adjusting its capital structure where the company has repaid the short-term loan of THB 13.51m and subsequently increased its paid-up capital by THB 55m. As a result, the total paid-up capital of the company has increased to THB 60m and shareholder’s equity of the company has increased to THB 49.91m, while the short-term loan has decreased to THB 1.92m.

Products & Services Overview

We manufacture unique types of concrete blocks and cement bricks that are more durable, waterproof, UV resistant.

Facilities Overview

Leased 40,000 sqm land with a built-up area of approximately 13,000 sqm. The company has entered into an agreement to purchase the land for THB 145m. As of now, the company has already made a payment of approximately THB 40.8m.

Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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