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Freight Forwarder Seeking Loan in Wennappuwa, Sri Lanka

Freight forwarding company with NVOCC agreement with 3-4 carrier lines seeks working capital.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 50 - 60 thousand
Run Rate Sales USD 120 thousand
EBITDA Margin 0 - 10 %
Industries Freight Forwarder
Locations  Wennappuwa
Local Time 11:00 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 33.4 thousand for 10.0% annual interest, 10 years (Native Currency: LKR 10,000,000)
Reason: Need working capital to block the container lines for upcoming shipments.
Collateral Available: USD 167 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Freight forwarding and logistics business that provides import, export, and customs clearance services.
- Have NVOCC agreement with 3-4 carrier lines including Mumbai-based Jovian Container Line Pvt Ltd.
- Have 15-20 clients including DHL, Softlogic, Dell, Coir Products, MSC Lanka, Rashi Shipping, Samanala Enterprises, HMA Enterprises, and UPS.
- We deal with 25-30 shipments on a monthly basis.
- Company has 4 directors with 70%, 10%, 10%, and 10% shareholding and has no debts or liabilities.
Products & Services Overview
Imports, exports, clearance, and courier services worldwide.
Assets Overview
Buisness does not have any physical assets.
Own personal assets include motor vehicles, 2 lands, and a two-story luxury house.
Facilities Overview
Leased main office facility situated in Wennappuwa.
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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