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Electric Vehicles Company Seeking Loan in Sofia, Bulgaria

Last-mile electric motorcycles company with 1,000 vehicles leased in Europe generating €300,000 per month.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1 - 2 million
Run Rate Sales USD 2.73 million
EBITDA Margin 20 - 30 %
Industries Electric Vehicles + 1 more
Locations  Dubai + 1 more
Local Time 12:18 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.2 million for 14.0% annual interest, 3 years (Native Currency: AED 8,000,000)
Reason: The executive summary reflects USD 10 million (≈ AED 36.7 million) for deploying and leasing 6,000 e... View More
Collateral Available: USD 270 thousand
Includes physical assets worth USD 260 thousand
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Business Overview
We create impact and profit in unexpected markets.
* 1,000 vehicle Purchase Order (in hand).
* 6,000 vehicle commitment (in hand).
* Secured an assembly plant in Europe.
• Technology/product roadmap (5 years).
* Built an internationally recognised, trusted brand.
* Scaled into 12 countries (24 more in conversation)
* Built a dedicated team aligned to a global vision.
* Created high barriers to entry.
* Invested five years building foundational growth.
* Multi-award-winning.
* Audited ESG framework.
In our sector, we are building the largest last-mile EV lease mobility brand globally.

Investment purpose:
* Deliver 1,000 vehicles towards contract.
* Generating €300,000 per month.
* Leading to institutional capital for following 6,000 vehicles.
* 20,000 vehicles leased generating by 2033.
Distribution contracts signed for the following countries; Bulgaria, Croatia, Romania, Moldova, Malta, Cyprus, UAE, UK, Sri Lanka, Nepal, Chile, Bahrain, Iraq, Jordan, Ethiopia, Bahrain.
Products & Services Overview
1. What exactly is our business?

We design, build, sell and lease electric 2- and 4-wheeled commercial vehicles for last-mile delivery.

2. How much money are you looking for?
USD 2 million/AED 8 million (loan).

3. How much money are you making already?
EUR 60,000/AED 836k per month (79 vehicles)

4. Why do you need the money?
Scale across Eastern Europe (against secured contracts).

5. What does the buyer/investor get in return?
14% interest (3 years) plus options.

We have signed a PO for 1,000 vehicles (first tranche from 6,000). We are raising to scale and lease the vehicles with a guaranteed 3-year contract.

Current vehicle forms:
• Electric motorcycles.
• Electric light commercial van.
• Electric micro-car (ready for launch).

Customers:
• Leading last-mile delivery aggregators.
• Delivery Services Companies.
• Fleet Leasing.

We also provide.
1. Telemetry – AI-optimised fleet and rider management subscription (MRR)
2. Battery-as-a-Service subscription (MRR)
3. Distribution – growing partner network.
4. After-sales network.

The roadmap is confidential and will be shared upon commitment.
Assets Overview
Tangible assets - vehicles.
Intangible assets - IP (trademarks, design, trade secrets, patents pending), and international distribution contracts (booked revenue) valued at USD 60m (3-year rolling contracts).
Facilities Overview
Croatia: 1 assembly plant.
UAE: 1 office in DIFC (central Dubai)
UK: 1 office of the holding company in the West End, London.
All leased (low overhead).
The holding company is located in London, with the global operating HQ and the management team located in Dubai, UAE.
We have an entity registered in Bulgaria for our operations in Europe and other jurisdictions.
Capitalization Overview
- Capitalised through the profit from sales.
- The company has no debt and there are 4 shareholders with the two founders owning a majority stake of ~93%.

International trademarks secured.

We are raising debt to initiate the 1,000 vehicles under lease (we already have signed contracts).

Once we’ve secured the debt and have the vehicles generating €300,000 per month, then we’ll raise against equity.
Recent Activity
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1 Investor contacted this Business this month. Register below to connect now!
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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