Food Wholesale Company Seeking Loan in San Fernando, Trinidad
Wholesale distribution of dry food and meat supplying to 200 clients seeks a loan.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 350 thousand |
| EBITDA Margin | 25 % |
| Industries | Food Wholesale |
| Locations | San Fernando |
| Local Time | 4:16 PM America / Port of Spain |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
103 thousand
for
7.0%
annual interest,
10
years
(Native Currency: TTD 700,000)
Reason: - Need funds to improve the stock.
- We will be leasing a two-store warehouse with 5,000 square foo...
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Collateral Available: USD 0
Includes physical assets worth
USD
7.3 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Certificate of Incorporation
(34.4 KB)
Business Overview
- We are a new business in starting stage, and we were able to gain the sole distribution for GLVS manufacturing company.
- Because of the previous network we have established a clientele of 500 and growing, our products will be fast sellers and will have a quick turnover.
- Currently supplying to 200 clients who are vendors and food stall owners.
- We procure the products from 4 vendors.
- Company was registered 2 years ago but the operations started this year.
- Because of the previous network we have established a clientele of 500 and growing, our products will be fast sellers and will have a quick turnover.
- Currently supplying to 200 clients who are vendors and food stall owners.
- We procure the products from 4 vendors.
- Company was registered 2 years ago but the operations started this year.
Products & Services Overview
The product we are focused on are, cooking oil, sugar, rice, chickpeas, peas and grains, chicken and pork to name a few.
Assets Overview
Tangible assets include 1 desktop, 2 laptops, 2 desks, and printers.
Facilities Overview
- The office is located in the south of the city on a 120 sqm area with a monthly rent of TTD 2,000.
Capitalization Overview
- The company has 4 directors and 2 shareholders with equal shareholding.- The business has no loans.
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