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.
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.
Seeking Loan
USD
3.2 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 3.2 thousand
Includes physical assets worth
USD
6.5 thousand
Interested to connect with advisors
In talks with 2 Investors
Contact Business