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Consumer Electronics Startup Seeking Loan in Port of Spain, Trinidad and Tobago

Startup company for distribution of branded consumer electronics seeks funds to set up operations.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Consumer Electronics
Locations  Port of Spain
Local Time 1:20 PM America / Port of Spain
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 11 thousand for 10.0% annual interest, 5 years (Native Currency: TTD 75,000)
Reason: Amount will be utilized for acquiring assets, marketing and more.
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
Business Overview

- This is a complete startup business project focusing on a product market that would be in demand and interest to our region and we are planning to become a sole distributor of that particular product locally and regionally.

- We have a few legitimate suppliers based in the USA and China that are ready to do business in our region.

- Our target market includes wholesalers and retailers.

- Initially we are looking forward to incorporate a mixture of e-commerce business model and direct network of clients. When the company expands we will plan and open a few branches throughout the country.

- Our website is under development and it is 50% complete.

- Company is registered and we are planning to begin operations within 7 months.

- Promoter has 8 years of experience in procurement, inventory, logistics and warehouse management.

- This is our first round of raising debt, we do not have any outstanding loans.

Products & Services Overview

Distributors of various consumer electronics for the purpose of wholesale & retail.

Assets Overview

As this is a startup business, we do not have any tangible assets yet.

Facilities Overview

We are looking for a warehouse facility and have shortlisted some places, seeking startup funds to acquire or lease.

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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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