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Construction Supplies Wholesale Company Seeking Loan in Tasikmalaya, Indonesia

Contractor and construction material supplier wants funds to expand business and develop a mobile application.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 40 - 50 thousand
Run Rate Sales USD 25 thousand
EBITDA Margin 10 %
Industries Contractors + 1 more
Locations  Tasikmalaya
Local Time 3:56 AM Asia / Pontianak
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 35 thousand for 16.0% annual interest, 2 years (Native Currency: IDR 500,000,000)
Reason: Funds will be used for business expansion. The expansion will include the supply of telecom infrast... View More
Collateral Available: USD 14 thousand
Includes physical assets worth USD 160 thousand
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Business Overview

- Java-based general contractor and supplier of construction materials.

- The business has an office and a showroom for displaying construction materials.

- Have completed 20 projects as a general contractor in the last 3 years.

- Our projects are located across Tasikmalaya and the Bandar Lampung Province.

- We receive payment from builders after project completion.

- The showroom for construction material has clients like builders and homeowners.

- Have five recurring clients who are builders and also receive walk-in customers looking for materials for their houses.

- We source the construction materials from within Indonesia and have a credit period of 45 days with our suppliers.

- Showroom provides home delivery of the material as well.

- The business wants to expand to supply telecommunication infrastructure materials.

- We have faced a drop in sales due to the disruptions in construction activities in our province.

- The owner has 5 years of experience in the construction industry.

Products & Services Overview

Provision of building materials, home delivery of construction material; general contractor work like design, planning, renovation, asphalting, and road construction.

Assets Overview

Owned office and showroom; two vehicles worth about IDR 300 million.

The owned office and showroom is worth IDR 2 billion and can be used as collateral.

Facilities Overview

Owned office and showroom with a total space of about 100 square meters.

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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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