Newly Established Construction Material Wholesale Company Seeking Loan in Hong Kong Island, Hong Kong
Hong Kong's construction material supplier requiring fund for stability and growth through managing market fluctuations.
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 13 million |
| Run Rate Sales | USD 6.9 million |
| EBITDA Margin | 2 % |
| Industries | Construction Material Wholesale |
| Locations | Hong Kong Island |
| Local Time | 5:40 AM Asia / Hong Kong |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
640 thousand
for
8.0%
annual interest,
2
years
(Native Currency: HKD 5,000,000)
Reason: The business is currently seeking transactional financing or revolving facility, however can consid...
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Collateral Available: USD 330 thousand
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Business Name
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User Verification
Documents
Business Registration Certificate
(137.2 KB)
Business Overview
• The company is a construction material wholesale company based in Hong Kong, trading since the previous year under the umbrella of a well-established main company that has been in business for the past 24 years.
• Business specializes in cement raw materials, including cement, clinker, gypsum, limestone, bf slag, pozzolana, stone aggregates, fly ash, coal, fertilizer, and iron ore.
• Company sells CFR and charters its own vessels.
• 1 to 2 shipments per month.
• Each shipment ranges from USD 600,000 (HKD 4.7 million approximately) to USD 3 million (HKD 23.5 million approximately), focusing primarily on the Asian market.
• A team of 15 across regional entities to manage on-the-ground operations of shipments, with sales all booked through Hong Kong.
• The company is looking for financing lines due to being operative for 1.5 years, and not yet being eligible for bank facilities which require 3 years of operations.
• Cash turnaround per shipment is approximately 21 days, allowing for efficient utilisation of funds.
• Business specializes in cement raw materials, including cement, clinker, gypsum, limestone, bf slag, pozzolana, stone aggregates, fly ash, coal, fertilizer, and iron ore.
• Company sells CFR and charters its own vessels.
• 1 to 2 shipments per month.
• Each shipment ranges from USD 600,000 (HKD 4.7 million approximately) to USD 3 million (HKD 23.5 million approximately), focusing primarily on the Asian market.
• A team of 15 across regional entities to manage on-the-ground operations of shipments, with sales all booked through Hong Kong.
• The company is looking for financing lines due to being operative for 1.5 years, and not yet being eligible for bank facilities which require 3 years of operations.
• Cash turnaround per shipment is approximately 21 days, allowing for efficient utilisation of funds.
Products & Services Overview
Company specializes in trading cement raw materials such as cement, clinker, gypsum, limestone, and fly ash, used by industrial clients across the Asian market.
Assets Overview
- Physical assets:No assets.
- Intangible assets:
Private limited company and Goodwill.
However, there is personal property that can be pledged depending on the facilities.
Facilities Overview
The company operates from a rented office in Hong-Kong.
Capitalization Overview
The company has no investors or outstanding bank loans and has been sustained entirely through the holding company's profits and its own operating profits.
Recent Activity
-
Business Development Director, Electronics & FMCG, Kowloon, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Construction Material Wholesale Company Seeking Loan in Hong Kong Island, Hong Kong
·Lend to Newly Established Construction Material Wholesale Company in Hong Kong Island, Hong Kong
·Newly Established Construction Material Wholesale Company Seeking Loan in Hong Kong
·Lend to Newly Established Construction Material Wholesale Company in Hong Kong
·Newly Established Construction Material Wholesale Company Seeking Loan
·Lend to Newly Established Construction Material Wholesale Company
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