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    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 10:07 PM Indian / Maldives
    Listed By Business Owner / Director
    Status Moderately Active
    Overall Rating
    5.4 / 10
    Compare with industry
    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 ... View More
    Collateral Available: USD 0
    Name, Phone, Email
    Available after connect
    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.

    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 days
      MD, Kochi, Financial Consultant connected with the Business
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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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