Industrial Machinery Wholesale Company Seeking Loan in Dubai, UAE
Trader of industrial machinery components with 20+ clients and 20 vendors is seeking a loan.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | USD 490 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Industrial Machinery Wholesale |
| Locations | Dubai |
| Local Time | 7:07 PM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
136 thousand
for
8.0%
annual interest,
3
years
(Native Currency: AED 500,000)
Reason: To expand the business with big ticket clients and to bid for high value project requirements/suppli...
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Collateral Available: USD 27 thousand
Includes physical assets worth
USD
82 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Company Product Catalog
(2.4 MB)
Trade Licence
(384.7 KB)
Business Overview
- We are involved in the trading of hydraulic, industrial and flowline products.
- The business has 20 - 25 regular clients out of which we are the registered official vendor for 12 - 14 clients. Our clients are primarily based in Oman, Qatar and UAE.
- The business has 20 suppliers. Price is marked-up by 15% - 20% when procurement is undertaken from an intermediary and 35 - 40% when products are directly purchased from the source.
- Hired 2 employees on a full-time basis. One is involved in online sales, marketing and back-end processing activities. The other employee is responsible for customer relations.
- Promoter is an engineer and an MBA with sales & marketing experience of over 22 years in India/GCC with around 12 years of experience in providing in oil and gas supply & services to B2B & B2C clients across GCC.
- The business was actually established two months ago. The promoter was running a similar business with another partner. Once the old business was dissolved, all the clients from the previous business were transferred to the current business.
- The business has 20 - 25 regular clients out of which we are the registered official vendor for 12 - 14 clients. Our clients are primarily based in Oman, Qatar and UAE.
- The business has 20 suppliers. Price is marked-up by 15% - 20% when procurement is undertaken from an intermediary and 35 - 40% when products are directly purchased from the source.
- Hired 2 employees on a full-time basis. One is involved in online sales, marketing and back-end processing activities. The other employee is responsible for customer relations.
- Promoter is an engineer and an MBA with sales & marketing experience of over 22 years in India/GCC with around 12 years of experience in providing in oil and gas supply & services to B2B & B2C clients across GCC.
- The business was actually established two months ago. The promoter was running a similar business with another partner. Once the old business was dissolved, all the clients from the previous business were transferred to the current business.
Products & Services Overview
We are traders of hydraulic & industrial fluid connectors, flow line products, hydraulic, lifting & rigging components and spare parts.
Assets Overview
The business has inventory worth AED 3,00,000 from the old business. Additionally, we own 4 laptops and some office furniture.
Facilities Overview
Rented office at the business center in Al Quasis, Dubai. It has an area of 300 square feet and we pay AED 30,000 annually.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysArea Manager, Software Development And Ecommerce, Ashburn, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
-
Earlier than 15 daysMechanical Engineer, Public Sector, Sharjah, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Industrial Machinery Wholesale Company Seeking Loan in Dubai, United Arab Emirates
·Newly Established Industrial Equipment Wholesale Company Seeking Loan in Dubai, United Arab Emirates
·Lend to Newly Established Industrial Machinery Wholesale Company in Dubai, United Arab Emirates
·Lend to Newly Established Industrial Equipment Wholesale Company in Dubai, United Arab Emirates
·Newly Established Industrial Machinery Wholesale Company Seeking Loan
·Newly Established Industrial Equipment Wholesale Company Seeking Loan
·Lend to Newly Established Industrial Machinery Wholesale Company
·Lend to Newly Established Industrial Equipment Wholesale Company
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