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Fishing Business Seeking Loan in Las Pinas, Philippines

Trader of dried seafood seeks funding to start a fish farming segment.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 6.4 thousand
Run Rate Sales USD 6.4 thousand
EBITDA Margin 25 %
Industries Fishing
Locations  Las Pinas
Local Time 3:11 AM Asia / Manila
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 6.4 thousand for 18.0% annual interest, 2 years (Native Currency: PHP 360,000)
Reason: I need funding assistance to start the fish farming as soon as possible. The company plans to farm e... View More
Collateral Available: USD 6.4 thousand
Includes physical assets worth USD 1.8 thousand
Documents
Business Overview

- Our business is currently involved in the trading of dried seafood. We mostly deal with B2B clients.

- We procure products directly from the farmers and then sell it to our customers.

- Seeking funds to start a fish farming business which we would sell it to companies engaged in exports.

- Have already identified the land and market opportunities.

- Since the baby fish would take 4-6 months to grow, we project an output of 1 tons per season.

Products & Services Overview

Dried rabbit fish, dried squid, dried sea cucumber, dried pili nuts, dried noni, dried fish.

Facilities Overview

Working from home office. Our fish farm would be in Batang.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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