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Diagnostic Lab Seeking Loan in Chaguanas, Trinidad

Certified medical laboratory with contracts with various insurance companies, 150+ monthly clients seeks business loan.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 236 thousand
Run Rate Sales USD 177 thousand
EBITDA Margin 25 %
Industries Diagnostic Labs
Locations  Chaguanas
Local Time 4:10 PM America / Port of Spain
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 150 thousand for 6.0% annual interest, 3 years (Native Currency: TTD 1,017,480)
Reason: For further expansion of the business.
Collateral Available: USD 60 thousand
Includes physical assets worth USD 590 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Family-owned medical laboratory with 150-200 clients per month.
- We are a certified laboratory.
- The company has 8 employees and has been in business for 25 years, becoming a limited liability company in 2011.
- Offers medical, blood, and urine testing, as well as occupational health services at no extra cost to clients and companies.
- The company has established contracts with various insurance companies for the past 15 years and government facilities.
- The laboratory has a long-standing reputation for providing quality services at an affordable cost.
- Have been able to remain profitable throughout the pandemic, positioning itself well for future growth.
Products & Services Overview
- We offer the services of going to clients and companies at no extra cost offering all medical, blood and urine testing, and occupational health services.
- We have contracts with various insurance companies, government and private institutions.
Assets Overview
Tangible assets include all types of lab equipment.
Facilities Overview
Rented facilities of monthly rent TTD 7k and TTD 15k.
Capitalization Overview
The business has four directors with equal shares in the business and has no debts or liabilities.
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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