Furniture Business Seeking Loan in Cebu City, Philippines
Office furniture manufacturing company with a capacity of PHP 20 million/month requires funds for expansion.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 136 thousand |
| Run Rate Sales | USD 610 thousand |
| EBITDA Margin | 15 % |
| Industries | Furniture |
| Locations | Cebu City |
| Local Time | 9:06 AM Asia / Manila |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
85 thousand
for
9.0%
annual interest,
5
years
(Native Currency: PHP 5,000,000)
Reason: Require funds for importing raw materials from China.
Collateral Available: USD 0
Includes physical assets worth
USD
170 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Manufacturers of cubicles, chairs, tables and office furniture. - Successful marketing strategies drove significant growth this year.
- Manufacturing capacity expanded to PHP 20 million per month.
- Over 20 clients served, including B2B operations for both our own brand and other brands.
- Promoter brings 25 years of valuable industry experience.
- Close relationships with 1-2 suppliers from China ensure a reliable supply chain.
- Possession of the necessary business license.
- Manufacturing capacity expanded to PHP 20 million per month.
- Over 20 clients served, including B2B operations for both our own brand and other brands.
- Promoter brings 25 years of valuable industry experience.
- Close relationships with 1-2 suppliers from China ensure a reliable supply chain.
- Possession of the necessary business license.
Products & Services Overview
Manufacturers of cubicles, chairs, tables and office furniture.Clients are MNCs and furniture stores.
Assets Overview
Assets include:Inventory, furniture, fixtures, machinery.
All our assets are illiquid hence we require funds for expansion.
Facilities Overview
Our facility is located in Central Cebu.The sq m of the facility is 500.
The rent per month is PHP 35k.
Capitalization Overview
Sole owner.Self funded operations.
No loans or debts.
Recent Activity
-
Earlier than 15 daysPresident, Business Finance, Manila, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysChief Marketing Officer, Conglomerate: Automotive Products, Building Materials And Packaging., Karachi, Corporate Investor / Buyer connected with the Business
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