Electronics Store Seeking Loan in Soroti, Uganda
Computer equipment company with 12+ clients and 4+ suppliers seeks funds for working capital.
| Established | 5-10 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 33 thousand |
| Run Rate Sales | USD 20 thousand |
| EBITDA Margin | 30 % |
| Industries | Electronics Stores |
| Locations | Soroti |
| Local Time | 9:48 AM Africa / Kampala |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
16.6 thousand
for
24.0%
annual interest,
5
years
(Native Currency: UGX 60,000,000)
Reason: We require funds to execute ongoing contracts.
Collateral Available: USD 22 thousand
Includes physical assets worth
USD
42 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Specialize in selling computers and accessories.
- Successfully served and retained over 12 corporate clients, with plans to expand clientele.
- Positive and encouraging growth rate.
- Intend to franchise with Airtel Uganda to broaden product offerings.
- Experienced promoter with 8 years in the industry.
- Operating under national licenses in Uganda.
- Maintain relationships with 4 reliable suppliers.
- Experienced a drop in revenue this year due to working capital issues, resulting in incomplete projects.
- Our other revenue vertical is our ancillary cyber security services that is still growing.
- Current employee count is necessary to manage operations at scale.
- Successfully served and retained over 12 corporate clients, with plans to expand clientele.
- Positive and encouraging growth rate.
- Intend to franchise with Airtel Uganda to broaden product offerings.
- Experienced promoter with 8 years in the industry.
- Operating under national licenses in Uganda.
- Maintain relationships with 4 reliable suppliers.
- Experienced a drop in revenue this year due to working capital issues, resulting in incomplete projects.
- Our other revenue vertical is our ancillary cyber security services that is still growing.
- Current employee count is necessary to manage operations at scale.
Products & Services Overview
Selling computers and ancillary accessories.B2B operations primarily.
Assets Overview
Land.Furniture.
Office equipment like computers and printers.
Facilities Overview
Own office within Soroti City.Measures a total of 50*100m2.
Capitalization Overview
3 shareholders for the company.Self funded operations.
No loans or debts.
Recent Activity
-
Earlier than 15 daysOwner, IT Solutions And Ecommerce, Lubumbashi, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Development Manager, Balloon Ventures, Lira, Venture Capital Firm connected with the Business
Tags:
Consumer Electronics Retailer Seeking Loan in Soroti, Uganda
·Lend to Consumer Electronics Retailer in Soroti, Uganda
·Home Appliance Shop Seeking Loan in Soroti, Uganda
·Electronics Store Seeking Loan in Soroti, Uganda
·Lend to Home Appliance Shop in Soroti, Uganda
·Lend to Electronics Store in Soroti, Uganda
·Consumer Electronics Retailer Seeking Loan
·Lend to Consumer Electronics Retailer
·Home Appliance Shop Seeking Loan
·Electronics Store Seeking Loan
·Lend to Home Appliance Shop
·Lend to Electronics Store
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