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Agriculture Wholesale Business Seeking Loan in Biñan, Philippines

Distributor of edible cooking oil palm coco seeks a loan for expansion.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 240 thousand
Run Rate Sales USD 250 thousand
EBITDA Margin 30 %
Industries Agriculture Wholesale + 1 more
Locations  Biñan
Local Time 8:46 PM Asia / Hong Kong
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 170 thousand for 50.0% annual interest, 2 years (Native Currency: PHP 10,000,000)
Reason: We want to expand our business. We are seeking funds to establish a refinery to increase our operati... View More
Collateral Available: USD 100 thousand
Includes physical assets worth USD 170 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Business involved in the distribution and packaging of cooking oil and eggs.

- The business sells cooking oils to groceries, soap manufacturing companies, and other industries.

- Cooking oil is sold to groceries under our own brand name.

- The business grades and sells different varieties of eggs as well.

- We acquire the oil from producers in the Philippines.

- We pick up the oil from the suppliers and deliver the finished product to our customers.

- The business is a sole proprietorship (one owner) and it has no existing loans.

Products & Services Overview

We sell cooking oil, we do packaging and bottling for grocery stores as well. The oil is sold in packaging that varies from 350 ml bottles, 4 litre PET bottles to 1,000-litre tanks.

We package and sell eggs as well.

Assets Overview

3 tankers each with a respective value of PHP 1.4m, PHP 950k, and PHP 900k; 1 delivery van worth PHP 150k; 3 filling machines and storage tanks worth PHP 550k; and land & building of the warehouse is worth PHP 5.8 million.

Facilities Overview

Owned warehouse located at Brgy. Maguyam, Silang, Cavite. Filling Oil Machine, tank storage for tanker trucks for deliveries.

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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