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Mining Support Business Seeking Loan in Cebu City, Philippines

Restarting operations with loan: Proven track record in mining support with 10 projects lined up.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Other
Reported Sales USD 830 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Mining Support + 1 more
Locations  Cebu City
Local Time 6:31 PM Asia / Manila
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 83 thousand for 10.0% annual interest, 3 years (Native Currency: PHP 5,000,000)
Reason: The funds are required to restart business operations. The owner has requested a grace period of th... View More
Collateral Available: USD 0
Includes physical assets worth USD 50 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Cebu City-based business focused on mining support and construction materials, mainly haulage and quarrying.
- Our key services included providing marine sand, aggregates, dredging, and delivery services.
- We also serve as contractors and exporters, ready to take on projects in various sectors.
- Right now, we have 10 corporate clients lined up, just waiting for us to kick off operations again.
- Previously, we completed 10 projects, showcasing our reliability and expertise.
- Our operation hours are Monday through Saturday, making sure we deliver timely and consistent support.
- We own a solid fleet with 2 dredger units and 3-in-1 vessels that can handle up to 12,000 DWT, perfect for big projects.
- Our business is officially registered, ensuring credibility and trust in our services.
Products & Services Overview
Our key services included providing marine sand, aggregates, dredging, and delivery services.
Assets Overview
Tangible assets:
- Furniture and fixtures.
- Vehicle fleet.
- Quarrying tools and equipment.
Facilities Overview
- We are located in a 3 storey building.
- Rental of spaces in mezzanine floor, room 2G, 55 square meter located in Cebu City.
Port Area; more or less 2,000 sq. meter.
Capitalization Overview
The company is financed through private loans, providing the capital needed to support operations, growth, and project execution.
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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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