MEP Construction Company Seeking Loan in Colombo, Sri Lanka
Total solution provider for HVAC and other engineering services seeks funds to purchase new equipment.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 28.4 thousand |
| Run Rate Sales | USD 40 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | MEP Construction |
| Locations | Colombo |
| Local Time | 5:28 AM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
33.5 thousand
for
10.0%
annual interest,
5
years
(Native Currency: LKR 10,000,000)
Reason: To expand the business and purchase new materials.
The loan repayment shall begin 6 months after re...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
2.7 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Company with 2 divisions- clothes trading and engineering/HVAC.
- Seeking loan only for the engineering division.
- We are total solution providers in HVAC systems and steel structures, install elevators & escalators, supply engineering materials, and equipment.
- We are also involved in project management.
- Currently, we have 6 running projects and have completed 50 projects since the beginning of last year.
- The owner is a BE graduate and they leverage their network of associates in engineering firms to get contracts.
- All sales figures and physical assets are of the engineering division. The loan will be used only for the engineering division.
- Seeking loan only for the engineering division.
- We are total solution providers in HVAC systems and steel structures, install elevators & escalators, supply engineering materials, and equipment.
- We are also involved in project management.
- Currently, we have 6 running projects and have completed 50 projects since the beginning of last year.
- The owner is a BE graduate and they leverage their network of associates in engineering firms to get contracts.
- All sales figures and physical assets are of the engineering division. The loan will be used only for the engineering division.
Products & Services Overview
HVAC installation, elevators & escalators, MEP, electrical installations, steel items, safety materials.
Assets Overview
Physical assets of the engineering division include tools and equipment.
Facilities Overview
We have one office of 150 sq. ft and a service center of 120 sq. ft. Total monthly rent- LKR 40,000.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Electrical Equipment, Kelaniya, Individual Investor / Buyer connected with the Business
Tags:
Electromechanical Company Seeking Loan in Colombo, Sri Lanka
·MEP Construction Company Seeking Loan in Colombo, Sri Lanka
·HVAC Contractor Company Seeking Loan in Colombo, Sri Lanka
·Lend to Electromechanical Company in Colombo, Sri Lanka
·Lend to MEP Construction Company in Colombo, Sri Lanka
·Lend to HVAC Contractor Company in Colombo, Sri Lanka
·Electromechanical Company Seeking Loan
·MEP Construction Company Seeking Loan
·HVAC Contractor Company Seeking Loan
·Lend to Electromechanical Company
·Lend to MEP Construction Company
·Lend to HVAC Contractor Company
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 111,000+ other businesses of all sizes.
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.
You might also be interested in these businesses