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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 30 thousand
Run Rate Sales USD 40 thousand
EBITDA Margin 10 - 20 %
Industries MEP Construction
Locations  Colombo
Local Time 2:47 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 34 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.

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
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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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