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Jute & Coir Company Seeking Loan in Malabe, Sri Lanka

Coir products manufacturing company supplying to over 10 clients seeks a loan.

Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales USD 17 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 25 %
Industries Jute & Coir
Locations  Malabe
Local Time 6:04 PM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 60 thousand for 12.0% annual interest, 3 years (Native Currency: USD 60,000)
Reason: Need funds to setup an office.
Collateral Available: USD 0
Name, Phone, Email
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Business Name
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User Verification
Business Overview

- We do not have our own manufacturing unit but we give for 3rd part manufacturing and sell them under our own brand.

- Currently, supply to over 10 wholesalers in Dubai and Sri Lanka.

- Manufacturing varieties of coir products and also into fresh vegetable and fruit exporting.

- Majority of the sales is through coir products sale.

- The promoter has over 2 years of experience in this industry.

Products & Services Overview

- Farming and gardening products – coconut coir.

(coco peat grow bags, coco peat planter bags, coco peat blocks & poly bags, coir pots, coir basket liners, coco husk chips, grow discs and coir coins, coir weed mats, coco poles)

- Industrial Coir Rope.

(garden twine, hope twine (yarn), construction in building yarn, carpet twine)

- Coir Brushes.

(bottle cleaning brush, kitchen cleaning brush with handle, kitchen pot cleaning brush, kitchen utensils cleaning brush, tile cleaning brush, bathroom cleaning brush, tire cleaning brushes)

- Coir mats.

- Industrial erosion control products.

(coir geotextile woven, coir logs, coir needled felt)

- Bristle fiber & fiber bales.

- Fresh Fruits & Vegetables.

(king coconut/semi husk coconut/ green coconut/tapioca MU51 / tapioca - kirikawadi / jack fruits / mangosteen / papaya and other)

Assets Overview

We do not have any major physical assets.

Facilities Overview

Currently, we do not have an office. Working from home.

Capitalization Overview

- The business is funded through personal funds.

- The company has 1 director and has no debts or liabilities.

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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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