Newly Established Biomass Fuels Company Seeking Loan in Šiauliai, Lithuania
- Engaged in the trading of wood and biomass products.
- We sell both high-quality wood for use in furniture as well as lower quality wood for heating purposes.
- Also sell biomass for using in heating.
- Primarily sell to dealers in Malaysia, Germany and Ireland.
- Source the products from manufacturers from Lithuania, Ukraine and Belarus.
- Business has already secured orders worth USD 370,000 for the next year.
- Sales were impacted negatively last year as the promoter met with an accident and the business was non-operational for a period of 6 months.
- Business intends to enter the heating oil trading business and has identified an attractive acquisition of an oil shipping firm.
- The acquisition price for the firm is USD 8M and the owner can contribute USD 2M in his personal capacity.
- The promoter intends to finance the remaining acquisition price through a loan.
- Also open to an equity investment.
Wood (Both high grade and low grade) and Biomass fuels.
Earlier than 15 daysCEO, Milan, Business Broker connected with this business