Need help?

Footwear Company Seeking Loan in Dhaka, Bangladesh

Starting an export oriented footwear production company with facility currently under construction.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Footwear
Locations  Dhaka
Local Time 8:26 PM Asia / Dhaka
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 990 thousand for 7.0% annual interest, 20 years (Native Currency: BDT 120,000,000)
Reason: To complete construction on the factory and purchase machinery to start production.
Collateral Available: USD 41 thousand
Includes physical assets worth USD 580 thousand
Interested to connect with advisors
Documents
Business Overview
- We are planning on starting a footwear production company that would be mainly export oriented.
- The company has been registered and we are currently completing construction of the manufacturing facility.
- Facility will be 5 floors in total and we have currently completed 2 floors.
- In the process of negotiating purchase of machinery and we will complete the purchase once we receive investment.
- We plan to export the manufactured footwear products mainly to Europe and also to Russia and USA.
- Already have a separate running business that imports and trades in banking support products like money handling machines, POS terminals and thermal paper. This business has over 36 banks as clients and makes a revenue of BDT 1 Crore on a monthly basis.
- Promoter has been running the bank support product business since 2009 and is highly experienced in the trading and export / import space.
- Company's physical assets include land and manufacturing facility currently under construction.
Products & Services Overview
Company is looking to start producing footwear products for export.
Facilities Overview
Owned land with a 5-story building under construction with 42,000 sq ft per floor.
Capitalization Overview
Not Disclosed
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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.
Frequently
Asked
Questions
  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more