Manpower Supply Company Seeking Loan in Salmiya, Kuwait
Real estate broker and manpower supply consultancy in Kuwait is looking for investors to expand property management services.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | S Corporation |
| Reported Sales | USD 98 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Real Estate Agencies + 1 more |
| Locations | Salmiya |
| Local Time | 11:19 AM Asia / Kuwait |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
98 thousand
for
10.0%
annual interest,
5
years
(Native Currency: KWD 30,000)
Reason: Need additional capital to build clients in the property management space and for working capital as...
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Collateral Available: USD 163 thousand
Includes physical assets worth
USD
65 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Business is involved in property buy and sell, consultancy services, manpower supply, property management services.
- Also, have a branch office in the Philippines and we offer the same services there as well.
- Planning to take on residential development projects in the Philippines in the future. This is to grow the business and diversify our services into multiple fields.
- Due to pandemic, it is difficult to manage the business so we are seeking a loan to run the existing business.
- Have 12 clients for property management services.
- For manpower consultancy, we have 200 clients but we do not have contracts with them, they reach us when they need candidates.
- Candidates are under the company's payroll.
- We place 10-15 candidates per month.
- Majority of the revenue is from manpower consultancy followed by property management.
- We charge a commission from property management clients and also for consultancy services.
- Business has been temporarily stopped due to Covid situation and we will resume soon.
- Physical assets include furniture and computers.
- Also, have a branch office in the Philippines and we offer the same services there as well.
- Planning to take on residential development projects in the Philippines in the future. This is to grow the business and diversify our services into multiple fields.
- Due to pandemic, it is difficult to manage the business so we are seeking a loan to run the existing business.
- Have 12 clients for property management services.
- For manpower consultancy, we have 200 clients but we do not have contracts with them, they reach us when they need candidates.
- Candidates are under the company's payroll.
- We place 10-15 candidates per month.
- Majority of the revenue is from manpower consultancy followed by property management.
- We charge a commission from property management clients and also for consultancy services.
- Business has been temporarily stopped due to Covid situation and we will resume soon.
- Physical assets include furniture and computers.
Products & Services Overview
Real estate buy and sell, consultancy services, manpower services, property management services.
Assets Overview
Condominium properties, cash, accounts receivables, investments, and furniture.
Facilities Overview
Have a rented office space in Kuwait and a rented branch office in the Philippines.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysMD, Diversified, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, Banking, Kuwait, Individual Investor / Buyer connected with the Business
Tags:
Real Estate Brokerage Firm Seeking Loan in Salmiya, Kuwait
·Manpower Supply Company Seeking Loan in Salmiya, Kuwait
·Labour Supply Company Seeking Loan in Salmiya, Kuwait
·Lend to Real Estate Brokerage Firm in Salmiya, Kuwait
·Real Estate Agency Seeking Loan in Salmiya, Kuwait
·Lend to Manpower Supply Company in Salmiya, Kuwait
·Lend to Labour Supply Company in Salmiya, Kuwait
·Lend to Real Estate Agency in Salmiya, Kuwait
·Real Estate Brokerage Firm Seeking Loan
·Manpower Supply Company Seeking Loan
·Labour Supply Company Seeking Loan
·Lend to Real Estate Brokerage Firm
·Real Estate Agency Seeking Loan
·Lend to Manpower Supply Company
·Lend to Labour Supply Company
·Lend to Real Estate Agency
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