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Freight Forwarder Seeking Loan in Dubai, United Arab Emirates

Seeking Business Loan: Company providing world-wide freight forwarding services across 130 countries.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 2.7 million
Run Rate Sales USD 3.27 million
EBITDA Margin 4 %
Industries Freight Forwarder
Locations  Dubai
Local Time 9:52 AM Asia / Dubai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 270 thousand for 12.0% annual interest, 3 years (Native Currency: AED 1,000,000)
Reason: The proceeds from the loan will be dispersed for business expansion.
Collateral Available: USD 41 thousand
Includes physical assets worth USD 54 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- Our company provides freight forwarding services across 130 countries.
- Our clients are typically businesses who wish to transfer their goods from one location to another. Currently, we have over 80 clients in Dubai which provide us with recurring revenue.
- Our company has partnered with air, sea and land freight companies. We do not own any transportation vehicles and these services are outsourced.
- Our company makes revenue by charging an additional fee which is 20 percent of the prices charged by air, sea and land freight companies for forwarding our clients' goods across the globe. The 20 percent fee along with the price charged by our partnered freight companies is borne by our clients. This is the only source of revenue for our business.
- We fulfil over 120 such shipments every month. 60 percent of revenue is through air freight and 30 percent is through sea freight.
Products & Services Overview
Our services include:
- World-wide freight forwarding.
- Customs clearing.
- Warehousing.
Assets Overview
Physical assets:
- Computers, printers and other IT equipment.
- Furniture, interior fittings and other vehicles.
Facilities Overview
Company has two rented warehouses spread across 2,300 sq. ft and 4,000 sq. ft. in Dubai.
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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