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Footwear Business Seeking Loan in Munich, Germany

Fashion brand which manufacture and sell eco-friendly, vegan and plastic-free footwear, bags, accessories and clothing.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Apparel and Accessories + 1 more
Locations  Munich
Local Time 11:57 PM Europe / Berlin
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 110 thousand for 10.0% annual interest, 3 years (Native Currency: EUR 100,000)
Reason: To kick-start the operations. The funds will be used for mass production of current models and to de... View More
Collateral Available: USD 53 thousand
Includes physical assets worth USD 23 thousand
Interested to connect with advisors
Documents
Business Overview

Young company looking to raise funds to start mass production and sell eco-friendly, vegan and plastic-free footwear, bags and accessories. All the products will be manufactured under our own brand name. The company has been registered and received the registration certificate.

Have established tie-ups with 1 manufacturer in Milan, Italy to whom we would outsource the manufacturing process. We have also established tie-ups with raw materials suppliers from Portugal, France and Mexico.

After production, we plan to sell it to retail stores and also through online platform. Business currently does not own any physical assets.

Products & Services Overview

Footwear, bags, accessories and clothing under own brand.

Facilities Overview

Rented warehouse for storage, offices and shipping center.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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