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Construction Material Processing Company Seeking Loan in Manila, Philippines

Construction material processing company with 3 clients seeks loan to expand to solar power industry.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity C Corporation
Reported Sales USD 3 million
Run Rate Sales USD 2.4 million
EBITDA Margin 25 %
Industries Construction Material Processing
Locations  Manila
Local Time 2:28 AM Asia / Manila
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 1 million for 9.5% annual interest, 4 years (Native Currency: USD 1,000,000)
Reason: - In order to expand the business prospects of the Solar power plant, we are currently exploring new... View More
Collateral Available: USD 50 thousand
Includes physical assets worth USD 50 thousand
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Business Name
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Business Overview
- We handle the processing of construction materials like sand in different mining units.
- Our processing machinery is mostly rented.
- We have 3 active clients currently for mining.
- Also we do exports of sand to China, for which we have 2 active clients.
- Our sales have dropped from last year due to economic fluctuations in China, Since they are our major clients from export.
- Currently we have leased a solar power plant and we like to expand our business.
- Funds will be utilized for the expansion of solar plants, which is in high demand in our location.
- We already have 10+ interested clients approaching us for the solar plant project.
- With the plant we are projected to generate around USD 60M in turnover.
Products & Services Overview
- We do processing of construction materials in mining units.
- We also handle exports of sand to China.
Assets Overview
Tangible assets include transporting vehicle and equipment.
Facilities Overview
1 rent office at Manila, Philippines around 100 sqm with an annual rent of USD 12k.
Capitalization Overview
Business funded by a loan of USD 176k with two shareholders having equal shares in the business.
Recent Activity
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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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