Brick Factory Seeking Loan in Dhaka, Bangladesh
Brick manufacturing project that will be eligible for central bank refinancing seeks a loan.
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Brick Factories |
| Locations | Dhaka |
| Local Time | 7:48 AM Europe / Copenhagen |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
56 million
for
7.0%
annual interest,
5
years
(Native Currency: EUR 48,000,000)
Reason: Establish new business. The loan can be repaid within 6-12 months if we get refinancing from the cen...
View More
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Danish company that works with clients around the world and helps to find funds and investments.
- The company has now embarked on a new brick manufacturing project in Dhaka.
- The legal entity has been established, the company has the technology, and assembled a management team.
- Land for the factory has been identified and contracts with raw material suppliers have been negotiated.
- We are in need of just funds to move ahead with the construction of the manufacturing plant.
- Although we have the capability to pay a 6-7% interest, we are hopeful of receiving central bank refinancing and can repay the lender within 6-12 months.
- The owner of the company is currently based in Denmark. They have co-partners in Bangladesh who will handle the daily operations. The owner will frequently travel to Bangladesh as well.
- The company has now embarked on a new brick manufacturing project in Dhaka.
- The legal entity has been established, the company has the technology, and assembled a management team.
- Land for the factory has been identified and contracts with raw material suppliers have been negotiated.
- We are in need of just funds to move ahead with the construction of the manufacturing plant.
- Although we have the capability to pay a 6-7% interest, we are hopeful of receiving central bank refinancing and can repay the lender within 6-12 months.
- The owner of the company is currently based in Denmark. They have co-partners in Bangladesh who will handle the daily operations. The owner will frequently travel to Bangladesh as well.
Products & Services Overview
The plant will manufacture bricks using the latest technologies.The bricks will have fly-ash as well.
Assets Overview
The business does not own any physical assets as of now.
Facilities Overview
The offices have not yet been established in Dhaka.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Bronxville, Financial Consultant connected with the Business
-
Earlier than 15 daysIndependent Advisor, Rome, Business Broker connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
9 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
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.
You might also be interested in these businesses