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Contractors Business Seeking Loan in Colombo, Sri Lanka

Seeking a loan for my building construction business that has completed 103 projects till date.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 160 thousand
EBITDA Margin 10 - 20 %
Industries Contractors
Locations  Colombo
Local Time 10:13 AM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 70 thousand for 10.0% annual interest, 5 years (Native Currency: LKR 20,000,000)
Reason: To grow our business and to take up more construction projects.
Collateral Available: USD 3.4 thousand
Includes physical assets worth USD 3.4 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview

- Our business is engaged in offering contracting services for house construction, house renovation, building construction, steel building construction, and waterproofing.

- We have completed 103 projects to date.

- Our business has 30 clients whom we have served to date.

- The business does not have any outstanding loans or overdue.

- The business has 2 owners with an equal ownership stake.

- All the projects are done with grade A quality by our company.

Products & Services Overview

Offering contracting services for house construction, house renovation, building construction, steel building construction, and water proofing.

Assets Overview

Tools machinery, and vehicles are owned as physical assets.

Facilities Overview

We have a rented office space in Colombo, Sri Lanka.

Capitalization Overview
Not Disclosed
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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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