Newly Established Import / Export Company Seeking Loan in Bangkok, Thailand

Rice exporter from Thailand to Philippines that has tie-ups with 3 rice mills in Thailand.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 600 thousand
EBITDA Margin 11 %
Industries Agriculture Wholesale + 1 more
Locations  Bangkok
Local Time 3:03 PM Thailand
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 320 thousand for 14.0% annual interest, 3 years (Native Currency: THB 10,000,000)
Reason: Funds will be used to meet orders in hand of exporting 7 containers of rice. Our business has the po... View More
Collateral Available: USD 0
Includes physical assets worth USD 6.4 thousand
Name, Phone, Email
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Business Name
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Business Overview

Company specializes in exporting rice from Thailand to Philippines. During the last year, we registered our company and met only 1 large order of 40 containers that year. This year due to COVID-19, our revenue has reduced as we were able to export only 2 containers last month.

Our business model is to buy rice from Thailand and export it to wholesalers and retailers in Philippines. Have 3 wholesalers and 20 retailers in our network. We have established tie-ups with 3 rice mills in Thailand to produce rice of different grades.

Our aim is to export at least 20 containers per week. However, due to shortage of funds, our capacity to export is only 2 containers per week.

Products & Services Overview

Exporter of Thai white rice (5% broken) and jasmine rice.

Assets Overview

12 computers, 6 tables and 1 receptionist counter.

Facilities Overview
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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