Construction Machinery Business Seeking Loan in Riga, Latvia
Business based in Europe - Riga, Latvia, selling construction machinery, heavy vehicles and household goods.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | INR 32 crore |
| Run Rate Sales | INR 32.6 crore |
| EBITDA Margin | 12 % |
| Industries | Construction Machinery |
| Locations | Riga |
| Local Time | 12:37 PM Europe / Riga |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
INR
3 crore
for
12.0%
annual interest,
3
years
(Native Currency: EUR 300,000)
Reason: To increase trading volumes.
Collateral Available: INR 4 crore
Includes physical assets worth
INR
2 crore
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Domain-Verification.pdf
(212.9 KB)
Company Registration Certificate
(497.2 KB)
Business Overview
- 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.
- 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.
Products & Services Overview
We sell Dozers, Wheel loaders, Backhoe loaders, Tracked excavators, Telehandlers, Skidsteer Loaders, Pavers, Compactors, Graders, Dumpers, Forklifts, Forestry equipment, Agricultural Equipment, Trucks.
Assets Overview
Single drum rollers, trucks, construction equipment attachment stock.
Facilities Overview
Owned 2.5 hectare facility right next to the highway with three service buildings.
Capitalization Overview
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.
Recent Activity
-
Earlier than 15 daysFounder And Business Head, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysVice President, Industrial Products Trading, Amsterdam, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Information Technology, Copenhagen, Individual Investor / Buyer connected with the Business
Tags:
Construction Machinery Business Seeking Loan in Riga, Latvia
·Lend to Construction Machinery Business in Riga, Latvia
·Bulldozer Business Seeking Loan in Riga, Latvia
·Construction Machinery Business Seeking Loan
·Crane Business Seeking Loan in Riga, Latvia
·Lend to Bulldozer Business in Riga, Latvia
·Lend to Construction Machinery Business
·Lend to Crane Business in Riga, Latvia
·Bulldozer Business Seeking Loan
·Crane Business Seeking Loan
·Lend to Bulldozer Business
·Lend to Crane Business
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