Building Contractor Seeking Loan in Male, Maldives
Building contractors in the Maldives specializing in hotel, resort, and spa development, driving tourism growth.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 150 thousand |
| Run Rate Sales | USD 120 thousand |
| EBITDA Margin | 40 % |
| Industries | Building Contractors |
| Locations | Male |
| Local Time | 1:39 AM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
50 thousand
for
10.5%
annual interest,
5
years
(Native Currency: USD 50,000)
Reason: We are looking for this funding to help us with the development of the 2 commercial projects we have...
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Collateral Available: USD 0
Includes physical assets worth
USD
600 thousand
Name, Phone, Email
Available after connect
Business Name
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User Verification
Documents
Certification of Registration
(75.8 KB)
Business Overview
- Based in the picturesque Maldives, the company operates as a building contractor specializing in hotel, resort, and spa development.
- A compact team of 9 employees, supplemented with subcontractors, efficiently manages and executes projects.
- Has successfully completed 12 diverse projects encompassing both commercial and residential developments, showcasing a strong project execution track record.
- Currently engaged in two ongoing commercial projects, focusing on the strategic development of a hotel and a resort with spa facilities, need funds for completion.
- Operates on a contract basis, allowing for flexible labor cost management tied directly to project completion. Revenue is also generated through sale/rental of owned properties.
- There has been a slight drop in sales this year as compared to last year due to political issues.
- The company plays a crucial role in contributing to the nation’s development through its building contracting services.
- Positioned in a growing industry, leveraging the Maldives' booming tourism and hospitality sector.
- A compact team of 9 employees, supplemented with subcontractors, efficiently manages and executes projects.
- Has successfully completed 12 diverse projects encompassing both commercial and residential developments, showcasing a strong project execution track record.
- Currently engaged in two ongoing commercial projects, focusing on the strategic development of a hotel and a resort with spa facilities, need funds for completion.
- Operates on a contract basis, allowing for flexible labor cost management tied directly to project completion. Revenue is also generated through sale/rental of owned properties.
- There has been a slight drop in sales this year as compared to last year due to political issues.
- The company plays a crucial role in contributing to the nation’s development through its building contracting services.
- Positioned in a growing industry, leveraging the Maldives' booming tourism and hospitality sector.
Products & Services Overview
The company specializes in building contracting services for the construction of hotels, resorts, and spas in the Maldives.Their services include project management, development, and construction, overseeing the full cycle from planning to completion.
Assets Overview
Tangible assets owned by the company include office property with equipment and furniture which is about $100k and the rest is a few commercial and residential properties.
Facilities Overview
Our corporate headquarter office of 950 sqm is located in an owned space in Male, Maldives. However we work across the Maldives archipelago.
Capitalization Overview
It is a self-funded business. Only one owner holds 100% of the company, and there are no loans on the business at the moment.
Tags:
Building Contractor Seeking Loan in Malé, Maldives
·Contracting Company Seeking Loan in Malé, Maldives
·Lend to Building Contractor in Malé, Maldives
·Lend to Contracting Company in Malé, Maldives
·Building Contractor Seeking Loan
·Contracting Company Seeking Loan
·Lend to Building Contractor
·Lend to Contracting Company
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