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Ecommerce Website Seeking Loan in Colombo, Sri Lanka

Construction contractor company looking for funds to start an e-commerce website.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales INR 2 - 3 lakh
Run Rate Sales INR 6.9 lakh
EBITDA Margin 20 %
Industries Ecommerce Websites
Locations  Colombo
Local Time 6:51 AM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
INR 8.6 lakh for 20.0% annual interest, 4 years (Native Currency: LKR 3,000,000)
Reason: The promoter is looking for funds to start e-commerce business,
Collateral Available: INR 0
Includes physical assets worth INR 1.43 lakh
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- We are a construction contracting company and we started our business 3 years ago.
- We are now looking for funds to start an eCommerce website.
- Product is getting ready and will be launched in 3 months.
- This website would mainly be a C2C business, where customers can either re-sell any product they own to the buyer.
- In later stages, We will also be developing a mobile application.
- Revenue from this website would be generated through a finder's fee and yearly subscription.
- We as such are not building the website, we are being outsourced.
- Sales and assets mentioned are of our primary business.
- We get 2 to 3 projects a year and each project goes up to 5 to 8 years.
- The company has 2 other investors and has no debts.
Products & Services Overview
Our primary business is construction.
For our website, we are planning on reselling all kinds of products.
Assets Overview
Tangible:
- 3 Airman air compressors.
- Stone driller.
Facilities Overview
Most of our work is usually site/location-based.
Capitalization Overview
Not Disclosed
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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