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Import / Export Business Seeking Loan in Santa Cruz, Jamaica

Jamaican food exporter supplying major clients in the UK, USA, and Canada seeking investment/partnerships.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 25 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 25 %
Industries Import / Export
Locations  Santa Cruz
Local Time 3:33 AM America / Jamaica
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 250 thousand for 11.0% annual interest, 3 years (Native Currency: USD 250,000)
Reason: Funding to purchase FCL raw material for processing and bulk export; resale to other local processor... View More
Collateral Available: USD 500 thousand
Includes physical assets worth USD 15 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Our company is equipped with an extensive local and overseas network, export permit, MECC EAB and Branson center incubators tie ups.
- We are also in export conversations with major agencies, ministers and corporations including JAMPRO, AIC, RADA, etc,
- The company has about three active clients at the moment.
- Currently, the company sells products in Jamaica and also exports to United States and Canada with an aim to export to London and China eventually.
- The company is a recognized by the Ministry of Agriculture of Jamaica.
Products & Services Overview
Canned ackee and powdered spices - Jamaican ginger, turmeric, scotch bonnet pepper, breadfruit- roasted, sliced, frozen and vacuum packed, breadfruit chips.
Seeking to support rural farming communities, women and youth.
Access to approved production and processing facilities - (wish to put the Elim agro processing plant and the UWI research processing facility in the same area of Elim St Elizabeth back in commission for breadfruit flour, powdered spices, breadfruit chips, etc)
Passionate about solving the supply chain issues for Diaspora communities in the USA, Canada and the UK for these high demand Jamaican products.
Looking to increase employment opportunities.
Open to scaling with appropriate financing anywhere from USD 250,000 to 2.5 M.
Assets Overview
Tea packaging machine and deep dryer.
Brand, overseas network, bean farming, management export experience.
Facilities Overview
Rental or buildout of production space awaiting procurement of screw oil press already engaged 2,000 square feet.
Capitalization Overview
Limited owners equity.
Family and friends.
Grant applications.
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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