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Newly Established Machine Tools Business Seeking Loan in Santo Domingo, Dominican Republic

Startup seeking funds for industrial products supply targeting 500+ companies across diverse industries.

Established 0-1 year(s)
Employees < 2
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Machine Tools
Locations  Santo Domingo
Local Time 10:38 PM America / Santo Domingo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.5 million for 10.5% annual interest, 7 years (Native Currency: USD 2,500,000)
Reason: To start own company and become the best and largest supplier of industrial parts and maintenance pr... View More
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- A business startup for supply of industrial products including machine parts, filters, oils, greases etc.
- Target client base is from construction, mining, transportation, and logistics industries of over 500 companies.
- Manufacturing will be out-sourced through 3rd party manufacturers.
- The business will operate on a dual revenue model, with a portion of income generated through daily effective percentages, and the rest through credit sales with payment periods ranging from 30 to 45 days, ensuring a steady cash flow.
- The founder brings over 15 years of experience in the sector, including management roles, and possesses an extensive network within the industry, providing valuable insights and connections.
Products & Services Overview
Supply of industrial products including machine parts, filters, oils, greases etc.
Target client base is from construction, mining, transportation, and logistics industries of over 500 companies.
Assets Overview
The business does not have any physical assets as of now.
Facilities Overview
At first we would rent a warehouse with no more than one floor since many services would be carried out at home, mainly maintenance and parts deliveries, which is already the trend in the market via courier for a better and faster service.
Capitalization Overview
Self-funded.
No loans or liabilities.
There is single owner.
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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