Need help?

Newly Established Car Dealers Company Seeking Loan in Singapore

Forerunners in introducing EV commercial vans based in Singapore seeks loan for liquidity.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Car Dealers
Locations Singapore
Local Time 5:17 PM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 370 thousand for 10.0% annual interest, 3 years (Native Currency: SGD 500,000)
Reason: To improve business liquidity.
Collateral Available: USD 370 thousand
Includes physical assets worth USD 150 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- We have a ready pool of early adopters for EV commercial vans. We act as agents between brands and local retailers mostly through import and export.

- Backed by a company with 20 years of experience in the automobile industry.

- We adopt B2B strategies of marketing and distribution.

- Company is licensed and has just begun operations. We have an anchor client with 250 units order.

Products & Services Overview

We are involved in import and export of electric vehicles.

Assets Overview

Physical assets include a 10,000 square feet factory.

Facilities Overview

We own a 10,000 square feet factory in Singapore.

Recent Activity
  • Earlier than 15 days
    Owner, Antique, Singapore, Individual Investor / Buyer connected with the Business
  • Earlier than 15 days
    Principal Consultant ( Business Broker), Singapore, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Singapore, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more