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Freight Forwarder Seeking Loan in Chittagong, Bangladesh

Freight and logistics company in Chittagong with a strong base of 25+ fixed clients.

Established 10-20 year(s)
Employees 50 - 100
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales INR 16.8 crore
Run Rate Sales INR 12.6 crore
EBITDA Margin 25 %
Industries Freight Forwarder + 1 more
Locations  Chittagong
Local Time 10:50 PM Asia / Dhaka
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
INR 3.5 crore for 12.0% annual interest, 5 years (Native Currency: BDT 50,000,000)
Reason: To purchase 15 more trucks and vans, to improve and expand our services, for marketing.
Collateral Available: INR 2.8 crore
Includes physical assets worth INR 7 crore
Interested to connect with advisors
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Business Name
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Company Profile
Business Overview
- 8-year old company specializing in logistics & freight forwarding services.
- Our services include document creation for customs, transportation of import/export items within Bangladesh from one place to another place, handling of commercial industrial items for clients, B2B road logistics.
- We create 700 to 800 documents monthly and we handle $50 million consignment of combined export/import cargo.
- We currently have over 25 valued corporate customers and 15 additional customers shall be added soon.
- Our business relation with clients is very strong as we never comprise our services and standards.
- Have clients in China, India, Korea, Hong Kong, Japan, Sri Lanka.
- Majority of our clients are apparel and garment companies.
- We have standing contracts with majority of the clients.
- Have 16 own vehicle and we plan to buy 15 more vehicles.
- Have an in-house built logistics software to handle the business efficiently.
- Promoter has more than 10 years of experience in this field.
- Sales have dropped due to less orders as a direct result of the COVID-19.
Products & Services Overview
Logistics services, agent of customs, business to business services, customs clearing & forwarding.
Assets Overview
16 own commercial vehicles, 14 cover vans, 2 trailers, receivable amount of BDT 50,00,000.
Facilities Overview
Have a rented office space in Chittagong.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Advisor, Hyderabad, Financial Consultant connected with the Business
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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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