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Newly Established Building Contractor Seeking Loan in Pohnrakied, Micronesia

Building contractors offering commercial construction and renovation services with secured projects and license awaiting funding.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Building Contractors + 1 more
Locations  Pohnrakied
Local Time 11:37 PM Pacific / Pohnpei
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 50 thousand for 10.0% annual interest, 10 years (Native Currency: USD 50,000)
Reason: Seeking funding to start the projects in hand. The business can pay back the loan through personal ... View More
Collateral Available: USD 100 thousand
Includes physical assets worth USD 8 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Building contractors for the commercial real estate industry, focusing on construction and renovation services.
- Currently in the pre-revenue stage with significant growth potential as projects are secured.
- Secured projects include store facilities, game room, Sakau market, and renovation services for the Church of God.
- Business registered and construction license acquired, demonstrating compliance and readiness to operate.
- Funding acquisition is crucial for initiating projects, with a clear path to revenue generation post-funding.
- Strategic market opportunity identified in diverse sectors, laying a foundation for future expansion and profitability.
Products & Services Overview
The business will offer construction and renovation services for the commercial real estate sector.
Clients will include business owners and commercial establishments.
Assets Overview
Physical assets include skill saw, drill, truck, ladder and mixer coded wires.
Facilities Overview
Operating from a rented container office in shore side, Awak Pah, Uh Pohnpei.
Capitalization Overview
Self-funded.
No outstanding loans or liabilities.
There is 1 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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