Ecommerce Website Seeking Loan in Dubai, United Arab Emirates
Turkish clothing brand that has its own eCommerce website based in UAE seeks a loan.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 33 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Ecommerce Websites |
| Locations | Dubai |
| Local Time | 7:17 AM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
245 thousand
for
25.0%
annual interest,
4
years
(Native Currency: AED 900,000)
Reason: We are seeking a loan to open our own showroom and re-start our operations.
Collateral Available: USD 410 thousand
Includes physical assets worth
USD
54 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Business Overview
- We are an eCommerce business dealing in clothing for men and women.
- Our operations were started in the previous year and on a monthly basis, we used to receive 800 orders.
- Currently, our operations are temporarily on a halt and we are seeking a business loan to re-start the operations and start an offline store.
- We have tie-ups with 4-5 Turkish manufacturers from whom we source our products.
- Customers can directly order through our website and we charge a profit margin on every order.
- We also have our own marketing and advertising team and have outsourced the delivery to a third party.
- The business has two owners with a 51% and 49% ownership stake distribution.
- The company has not taken any loans previously.
- Our operations were started in the previous year and on a monthly basis, we used to receive 800 orders.
- Currently, our operations are temporarily on a halt and we are seeking a business loan to re-start the operations and start an offline store.
- We have tie-ups with 4-5 Turkish manufacturers from whom we source our products.
- Customers can directly order through our website and we charge a profit margin on every order.
- We also have our own marketing and advertising team and have outsourced the delivery to a third party.
- The business has two owners with a 51% and 49% ownership stake distribution.
- The company has not taken any loans previously.
Products & Services Overview
We are a Turkish clothing brand and have our own eCommerce website. We have clothing for both men and women.
Assets Overview
Physical assets include furniture, stock and inventory.
Facilities Overview
We have an office and warehouse with an area of 1,000 sq ft on a rental basis.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Digital Marketing, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Partner, Abu Dhabi, Financial Consultant connected with the Business
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