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Door Fixtures Business Seeking Loan in Horana, Sri Lanka

Manufacturers of aluminum products supplying to 1,000 clients seeks a loan.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 370 thousand
Run Rate Sales USD 400 thousand
EBITDA Margin 20 %
Industries Door Fixtures
Locations  Horana
Local Time 10:53 AM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 100 thousand for 30.0% annual interest, 5 years (Native Currency: LKR 30,000,000)
Reason: We have more orders to supply and we are losing them due to short of funds.
Collateral Available: USD 83 thousand
Includes physical assets worth USD 167 thousand
Interested to connect with advisors
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Business Name
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Documents
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Business Documents
Business Overview
- Currently supplying the products to 1,000 clients who are retailers and wholesalers.
- The manufacturing capacity is 100 doors and 500+ power bars per day.
- We export the products to Maldives and Turkey.
- We procure the raw materials from 2 aluminum manufacturers.
- The promoter has 30+ years of experience in this industry.
Products & Services Overview
Manufacturers of aluminum doors, windows, and power bars.
Assets Overview
Building, lorry, power press, benders, tools, mold, and dies.
Facilities Overview
The manufacturing facility is located west of the city on a 1,25,000 sqft area. It is owned by the company.
Capitalization Overview
- The company has one owner.
- Business has a debt of LKR 20 million.
Recent Activity
  • Earlier than 15 days
    Attorney, Ohio City, Law Firm connected with the Business
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