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Building Contractor Seeking Loan in Kathmandu, Nepal

Construction company with government contracts and diverse projects seeking working capital loan to resume work.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 44 thousand
Run Rate Sales USD 177 thousand
EBITDA Margin 10 %
Industries Building Contractors
Locations  Kathmandu
Local Time 10:42 PM Asia / Kathmandu
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 22 thousand for 15.0% annual interest, 2 years (Native Currency: NPR 3,000,000)
Reason: Seeking the loan due to insufficient working capital to continue the project. After receiving the f... View More
Collateral Available: USD 14.7 thousand
Includes physical assets worth USD 59 thousand
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Business Overview
- The company is based in Kathmandu and operates in the building contractors industry.
- The business has 8 employees and offers engineering projects and EPC contracts as its primary services.
- We currently have a variety of projects such as the construction of roads, irrigation systems, and buildings.
- Currently, the company has 5 clients, with two potential clients in the pipeline and three others in discussions for design and construction projects.
- The company is actively working on 4 government projects and receives government bills once the work commences.
- New contracts have been secured for the upcoming year, indicating a high flow of revenue.
- The company employs contract laborers for project work and also maintains a small group of laborers for immediate assignments.
- The projects undertaken by the company vary in scale, with some being relatively small and others extending over a period of one year. The company finishes a small-scale project in 6 months, while a large project takes 1 year.
- The company holds the necessary licenses to run the business in the industry.
Products & Services Overview
Our top-selling services include engineering projects, EPC contracts, and Build Own Operate Transfer (BOOT) projects.
We work on contracts for government projects.
Assets Overview
Tangible.
- Construction equipment.
- Formworks.
- Mixture machine.
- Survey machine.
Intangible assets include:
- Softwares.
- Government contract certificates.
- Rental contract certificate.
Facilities Overview
The business operates from a 1,000 sq ft rented office, with a monthly rent of NPR 32,000.
The office has a rental contract for 5 years.
Capitalization Overview
The owner has a 100% stake in the company and is the sole proprietor. Currently operating on clients' payments as per bill amount.
We have an NPR 10 lakh bank overdraft, that we renew yearly.
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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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