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Building Contractor Seeking Loan in Abu Dhabi, UAE

Glass installation work business with 4 ongoing projects seeks a loan.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 490 thousand
Run Rate Sales USD 520 thousand
EBITDA Margin 13 %
Industries Building Contractors
Locations  Abu Dhabi
Local Time 6:52 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 136 thousand for 12.0% annual interest, 3 years (Native Currency: AED 500,000)
Reason: Need funds to buy new machinery.
Collateral Available: USD 0
Includes physical assets worth USD 109 thousand
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Business Overview
- Have completed around 25 projects to date.
- Currently have 4 ongoing projects.
- We procure glass from 4 vendors.
- One project usually takes 2 days to complete and the average project value is AED 10,000-15,000.
- We have 11 employees who are completely trained to provide the services.
- The promoter has 7 years of experience in this industry.
Products & Services Overview
Company is into glass and aluminum installation work.
We provide services like installation of glass partitions, antique mirror works, and step glass work to clients (villas, apartments, and office projects).
Assets Overview
Polishing machine, soldering machines, automated table cutters, sand dusting machine, washing machine for glasses, and sandblasting machine.
Facilities Overview
The office is located in the Mussfah Business area on a 300 sqm area. We pay a monthly rent of AED 140,000.
Capitalization Overview
- Company has 3 partners.
- Business has no debts or liabilities.
Recent Activity
  • Earlier than 15 days
    Founder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
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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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