Mining Support Business Seeking Loan in Tabuk, Philippines
Philippines based business focusses on well drilling services and surface mineral exploration.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 80 - 90 thousand |
| Run Rate Sales | USD 93 thousand |
| EBITDA Margin | 40 % |
| Industries | Mining Support |
| Locations | Tabuk |
| Local Time | 8:51 AM Asia / Manila |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
26 thousand
for
10.0%
annual interest,
2
years
(Native Currency: PHP 1,500,000)
Reason: - The business is in require of immediate capital for procurement of additional drilling machines.
...
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Collateral Available: USD 86 thousand
Includes physical assets worth
USD
120 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Business is involved in providing drilling services for extracting copper and gold deposits.
- We cater to private clients in the mining sector and governmental clients for construction projects.
- Have served 14 clients until now.
- The project usually lasts from 1- 2 moths.
- Business holds Department of Trade and Industry (DTI) certificate and other necessary licenses.
- We cater to private clients in the mining sector and governmental clients for construction projects.
- Have served 14 clients until now.
- The project usually lasts from 1- 2 moths.
- Business holds Department of Trade and Industry (DTI) certificate and other necessary licenses.
Products & Services Overview
- Drilling services for investigation of mineral deposits (Copper and gold)- Soil investigation before construction of buildings and structures.
Assets Overview
Tangible assets include:Drilling machines - 2.
Service vehicles - 2 (4-wheeler)
Facilities Overview
The facility is a two-story building located in the city of Tabuk, Philippines and the property is owned by the promoter.
Capitalization Overview
- The business is self-funded, and the promoter owns 100% stake.- There are no outstanding loans and debts.
Recent Activity
-
Earlier than 15 daysVP, Singapore, Financial Consultant connected with the Business
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