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Lighting Fixtures Business Seeking Loan in Dhaka, Bangladesh

Manufacturer for electrical items & marketing supplier, based in Dhaka seeking a loan.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 99 thousand
Run Rate Sales USD 197 thousand
EBITDA Margin 10 - 20 %
Industries Lighting Fixtures
Locations  Dhaka
Local Time 5:41 AM Asia / Dhaka
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 4.1 thousand for 10.0% annual interest, 3 years (Native Currency: BDT 500,000)
Reason: We are seeking a loan for growing business and expanding in Bangladesh.
Collateral Available: USD 660
Includes physical assets worth USD 8.2 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- We are an electronic manufacturing company dealing in manufacturing of LED bulbs and switch sockets.
- Our operations also consist of marketing and supplying electrical products.
- Currently, we have tie-ups with more than 80 dealers in Bangladesh.
- Our manufacturing capacity is around 8,000 units daily.
- Since our inception, we have served more than 10,000 retail customers and received good recommendations.
- Our business is seasonal in nature and we expect a high demand during this time.
- We have a great team of employees and management.
- As of now we are seeking a loan for a less amount, as we have never taken a loan before. We might change the amount in future according to the need of our business and success of this deal.
Products & Services Overview
We deal in manufacturing of LED bulbs, switches and switch sockets.
Assets Overview
Physical assets include 5 production machines and 10 computers.
Facilities Overview
We have a rented office and production area of 15,000 sq feet.
Capitalization Overview
Not Disclosed
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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