Newly Established Hotel Seeking Loan in Malé, Maldives
Start-up hotel business seek a lender to comply with requirements of the credit loan invoice.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Hotels |
| Locations | Male |
| Local Time | 10:33 AM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
3.23 thousand
for
29.0%
annual interest,
1
year
(Native Currency: MVR 50,000)
Reason: - Need this loan to comply with the requirements of the credit loan invoice and raise funds for the ...
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Collateral Available: USD 3.23 thousand
Includes physical assets worth
USD
6.5 thousand
Interested to connect with advisors
Documents
Certificate of Registration
(391.5 KB)
Business Information
(561.6 KB)
Transaction Procedure Page 1
(341.1 KB)
Invoice
(248.3 KB)
Business Overview
Business Overview.
- We plan to develop a boutique hotel on a credit loan from a lender and construction will be done by a contractor from the Maldivian market.
- We require this small loan to secure the land purchase credit from a private lender.
- We will charge accommodation for the stay in the quest to settle the loan.
- We are looking for a reputable lender who is value-driven and understands the strengths of relationships which is essential when entering such a deal.
- The promoter has spent almost all years in the Republic of Maldives and understands the tourism sector business relations.
- Promoter has built strong relationships with foreign lenders who facilitate loans for development projects.
- The contractor for the property has some years of experience working in the Maldivian construction sector.
- Prospective lender can get further information on how we plan to work with the booking fees from the lender and keep in touch with project progress.
- Developer has 19 years of experience in the financial sector.
- We have finalized the land to purchase and start construction.
- Will develop 20 room hotel.
- Have an agreement signed with a private lender for the construction loan.
- Expecting around MVR 1.4 million annual revenue from 1st year of operations.
- We plan to develop a boutique hotel on a credit loan from a lender and construction will be done by a contractor from the Maldivian market.
- We require this small loan to secure the land purchase credit from a private lender.
- We will charge accommodation for the stay in the quest to settle the loan.
- We are looking for a reputable lender who is value-driven and understands the strengths of relationships which is essential when entering such a deal.
- The promoter has spent almost all years in the Republic of Maldives and understands the tourism sector business relations.
- Promoter has built strong relationships with foreign lenders who facilitate loans for development projects.
- The contractor for the property has some years of experience working in the Maldivian construction sector.
- Prospective lender can get further information on how we plan to work with the booking fees from the lender and keep in touch with project progress.
- Developer has 19 years of experience in the financial sector.
- We have finalized the land to purchase and start construction.
- Will develop 20 room hotel.
- Have an agreement signed with a private lender for the construction loan.
- Expecting around MVR 1.4 million annual revenue from 1st year of operations.
Products & Services Overview
Planning to build 20 room hotel on an Island.
Assets Overview
- Office furniture and computers.- Goodwill, Maldives brand recognition and intellectual property certificate.
Facilities Overview
- Have a rented office.- Looking to buy a 3,000 sq ft land.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Diversified, Lucknow, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOperations Coordinator, Construction, Oslo, Individual Investor / Buyer connected with the Business
Tags:
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·Newly Established Hotel Seeking Loan in Malé, Maldives
·Newly Established Motel Seeking Loan in Malé, Maldives
·Newly Established Lodge Seeking Loan in Malé, Maldives
·Lend to Newly Established Hotel in Malé, Maldives
·Lend to Newly Established Motel in Malé, Maldives
·Lend to Newly Established Lodge in Malé, Maldives
·Newly Established 3 Star Hotel Seeking Loan
·Newly Established 4 Star Hotel Seeking Loan
·Newly Established 5 Star Hotel Seeking Loan
·Lend to Newly Established 3 Star Hotel
·Lend to Newly Established 4 Star Hotel
·Lend to Newly Established 5 Star Hotel
·Newly Established Hotel Seeking Loan
·Newly Established Motel Seeking Loan
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