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Furniture Business Seeking Loan in Cagayan Valley, Philippines

Wooden furniture manufacturing company with a production capacity of 56 products per month.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 20 thousand
EBITDA Margin 30 - 40 %
Industries Furniture
Locations  Cagayan Valley
Local Time 2:01 PM Asia / Manila
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 3.6 thousand for 10.0% annual interest, 2 years (Native Currency: PHP 200,000)
Reason: Funds will be used to upgrade equipment in a way that will not affect cash flow.
Collateral Available: USD 900
Includes physical assets worth USD 2.6 thousand
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Business Name
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Business Overview

- Wooden furniture company that manufactures beds, doors, dining sets, and other wooden products.

- The products are a combination of handcraft by skilled workers and using machines for manufacturing. But most of our facility is manual, which delays our daily operation.

- Number of clients annually ranges from 102 to 168.

- Most of the clients who come are walk-in and from social media.

- The production capacity is 56 products per month. 50%-60% of the capacity is currently utilized.

- We sell out products across Region II in the Philippines.

- For raw materials, we have tied up with the vendors.

Products & Services Overview

We do all kinds of wooden furniture products like beds, doors, and dining sets.

Assets Overview

Lot and shop, drill, grinder, chainsaw, electric circular, and 1 electric spray gun.

Facilities Overview

We have a manufacturing unit of 350 sq meter which is owned.

Capitalization Overview
Not Disclosed
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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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