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Newly Established Cosmetics Business Seeking Loan in Makassar, Indonesia

Skincare business with a unique body lotion formulation seeks capital to start production.

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 Cosmetics
Locations  Makassar
Local Time 10:22 AM Asia / Makassar
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 10.8 thousand for 10.0% annual interest, 2 years (Native Currency: IDR 175,000,000)
Reason: We want to finance to commence the production of my product at the factory and set up business opera... View More
Collateral Available: USD 13.5 thousand
Includes physical assets worth USD 7.4 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Business that has created a unique skin care plus product and many resellers have been waiting for this herbal product, but we are constrained by the cost of producing this skin care product.
- The products will be marketed and sold through resellers and distributors. We will not be a D2C brand.
- The current product is obtained from the savings from the previous business. Due to small capital, I have not been able to develop to add new products again, so I am looking for and need a business capital loan.
- For the new product, we have pioneered there have been no sales because we do not have the capital to finance the production of the new product in a factory that specifically produces the product that we pioneered.
Products & Services Overview
We will produce and sell the perfect body lotion with the function of brightening the skin, anti-mosquito, and anti-septic.
Assets Overview
Tangible assets - product display cabinet with some inventory of products.
Facilities Overview
Home-based office with an area of 7x14 feet on one floor of owner's rented house. This home office is located on the southeastern outskirts of Makassar City.
Capitalization Overview
The business does not have loans and is owned by one individual.
Recent Activity
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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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