Freight Forwarder Seeking Loan in Ras Al-Khaimah, UAE

- Our company offers a wide range of logistics services to our clients.
- We do not own any ships, vehicles, or airplanes. All services are outsourced from large-scale logistics and freight companies. We are partnered with 3 such companies that are based in UAE.
- Our company adds a fixed percentage margin on the price we pay for outsourcing these services. This is the only source of revenue for the company.
- Our clients are charged on the basis of the category of services, pick-up and drop destinations, weight and size of the shipment along with the type of goods that must be transported. Our operations are limited to all the Middle Eastern countries for now.
- We have recently begun operations and have provided ground and marine logistics services to 2 clients who are essentially companies dealing with precious metals and chemicals. There has been an even revenue split between these two services.
- Currently, we possess 3 to 4 more contracts that are yet to be fulfilled. The contacts are for our warehousing and other logistics services.
- Since the company is relatively new, we are still deciding on more details about the revenue and pricing models.
- Our company requires major capital infusion which will allow us to expand the business. With incoming contracts, we will be able to make a timely interest payment and repay the capital amount within the stipulated time period.