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Contractors Company Seeking Loan in Dhaka, Bangladesh

Decade old real estate company in Bangladesh is seeking funds for its township project.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 6 million
Run Rate Sales USD 280 thousand
EBITDA Margin 20 %
Industries Contractors + 1 more
Locations  Dhaka
Local Time 7:52 PM Asia / Dhaka
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 600 thousand for 10.0% annual interest, 4 years (Native Currency: BDT 50,000,000)
Reason: Require funds for project development.
Collateral Available: USD 900 thousand
Includes physical assets worth USD 900 thousand
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Business Overview

- Dhaka-based real estate company that is an authorized contractor, construction, supply, and trading company.

- Have successfully completed 20 projects in Dhaka.

- Company is seeking a loan for a new project.

- Have acquired 33% of the land for this project and commenced preliminary site work.

- The project will be a 250-acre township located on the outskirts of Dhaka and will consist of universities, schools, retail outlets, and hospitals.

- Project will be done in 2 phases.

- Phase 1 consists of land acquisition, road networking, utility connections, and preparing plot layout.

- Land parcel of 80 acres for phase 1 has already been acquired.

- Phase 2 will entail the construction of amenities and other necessary infrastructure.

- Project is stipulated to be completed within the next five years.

- The business had seen a drastic fall in sales due to the pandemic and sales have slowly picked up now.

Products & Services Overview

Contract and construction work for residential apartments, commercial buildings, and various land projects.

Assets Overview

Owned land for the project and owned office space.

Facilities Overview

Owned office of 2,220 sq. ft in Dhaka.

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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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