Last Mile Delivery Business Seeking Loan in Malé, Maldives
Small supply business seeks a loan to resolve cash flow issues and acquire inventory.
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 9.5 thousand |
| Run Rate Sales | USD 12 thousand |
| EBITDA Margin | 10 % |
| Industries | Last Mile Delivery |
| Locations | Malé |
| Local Time | 5:58 PM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
50 thousand
for
12.0%
annual interest,
5
years
(Native Currency: USD 50,000)
Reason: We require funds to:
• Expand the business.
• Resolve cashflow issues.
• Keep a stock of branded ...
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Collateral Available: USD 0
Name, Phone, Email
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Business Name
Available after connect
User Verification
Business Overview
- Business involved in last-mile delivery of goods to resorts and hotels.
- We procure products from local wholesalers and sell them at a markup and charge a nominal delivery fee.
- We have 1 resort as a client who requires 3 monthly trips of items with a value of around USD 500.
- Owner uses his personal motorcycle, the boat for delivery is supplied by the resorts/wholesaler.
- We have an Instagram page and a website to maintain the online presence of the business.
- Give a 30-day credit window to our clients.
- The proprietor runs the business completely on their own.
- We procure products from local wholesalers and sell them at a markup and charge a nominal delivery fee.
- We have 1 resort as a client who requires 3 monthly trips of items with a value of around USD 500.
- Owner uses his personal motorcycle, the boat for delivery is supplied by the resorts/wholesaler.
- We have an Instagram page and a website to maintain the online presence of the business.
- Give a 30-day credit window to our clients.
- The proprietor runs the business completely on their own.
Products & Services Overview
Daily use and grocery products required by resorts and hotels.
Assets Overview
The business does not own any physical assets.
Facilities Overview
Have a rented office located in Male, Maldives.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysMD, Kochi, Financial Consultant connected with the Business
Tags:
Turnkey Business Seeking Loan in Maldives
·Commercial Shop Seeking Loan in Maldives
·Retail Shop Seeking Loan in Maldives
·Lend to Turnkey Business in Maldives
·Lend to Commercial Shop in Maldives
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·Shop Seeking Loan in Maldives
·Turnkey Business Seeking Loan
·Commercial Shop Seeking Loan
·Retail Shop Seeking Loan
·Lend to Shop in Maldives
·Lend to Turnkey Business
·Lend to Commercial Shop
·Lend to Retail Shop
·Shop Seeking Loan
·Lend to Shop
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