Construction Machinery Business Seeking Loan in Riga, Latvia

- Business selling construction machinery and heavy vehicles such as dozers, loaders, excavators, pavers, compactors, dumpers, trucks.

- Local banks keep their repossessed machinery and vehicles at our facility. At any given time the bank would have 100-300 assets at our facility.

- We purchase some of the repossessed heavy vehicles from banks and we also import new vehicles from other countries.

- We complete 300-400 deals each year. This includes 130-140 deals for machinery and trucks, plus 150-250 deals for attachments and accessories.

- 70% of the products we sell are exported to USA, South America, Vietnam, Thailand and European countries.

- Have a database of more than 2,000 customers.

- Business has a professional team of salesmen who are working with the company since day one.

We sell Dozers, Wheel loaders, Backhoe loaders, Tracked excavators, Telehandlers, Skidsteer Loaders, Pavers, Compactors, Graders, Dumpers, Forklifts, Forestry equipment, Agricultural Equipment, Trucks.

Single drum rollers, trucks, construction equipment attachment stock.

Owned 2.5 hectare facility right next to the highway with three service buildings.

Sole ownership. 3 car loans.

No debts. No fundings from 3rd parties.

Own stock in value of approx. EUR 200,000 is being used for business.