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Newly Established Agriculture Wholesale Company Seeking Loan in Chunnakam, Sri Lanka

Rice-focused export wholesale company supplying European hotels and importers seeking a business loan for growth.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 80 thousand
EBITDA Margin 3 %
Industries Agriculture Wholesale + 1 more
Locations  Chunnakam
Local Time 11:47 PM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 16.6 thousand for 14.0% annual interest, 4 years (Native Currency: LKR 5,000,000)
Reason: Need investment to grow the business. We recently started the business and have used up our funds ti... View More
Collateral Available: USD 0
Includes physical assets worth USD 6.6 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Wholesale export business of agricultural products like rice and spices.
- We sell about 500 tons of rice and spices every month.
- Our main export destination right now are European countries and biggest destination is Switzerland right now.
- The business started 5 months back this year.
- We have a certificate of incorporation.
Products & Services Overview
- Our company exports Sri Lankan rice, spices, curtains, and a wide range of local products.
- The top selling product is rice.
- Our buyers are hotels and importers in European countries with a special focus on Switzerland.
- We use courier companies or exporters for shipping our products, we do not do the shipping ourselves.
Assets Overview
Tangible assets:
- Plastic boxes and packaging material.
- Stock of rice.
Facilities Overview
The business operates from a space in the owner's own residential property in Chunnakam. This space has ample storage for 100 tons of rice.
Capitalization Overview
- Debt free and has no loans.
- Started with the owner's savings.
- 100% ownership is with a single owner.
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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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