Need help?

Newly Established Medical Equipment Wholesale Business Seeking Loan in Cebu City, Philippines

New business starting to supply and service medical imaging equipment for radiology departments in hospitals.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Medical Equipment Wholesale
Locations  Cebu City
Local Time 9:22 AM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 8.5 thousand for 10.0% annual interest, 1 year (Native Currency: PHP 500,000)
Reason: To start bidding on philGEPS and start generating revenue. We will start paying interest once we st... View More
Collateral Available: USD 0
Includes physical assets worth USD 8.5 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Permit
Business Overview
- The business is a medical equipment wholesale company based in Cebu City, focused on supplying and servicing medical imaging equipment specifically for radiology departments in hospitals.

- The primary products offered will include X-Ray machines, CT scanners, and other essential devices that are critical for patient diagnosis in imaging centers and hospitals.

- The business is founded and operated by a veteran engineer with 27 years of experience and certifications from major equipment manufacturers such as Siemens, GE, and Philips.

- Unique to the Philippine market, this business serves as a competitive third-party entity in the procurement process, participating in government tenders posted on PhilGEPS, leading to significant growth opportunities.

- Leveraging anti-corruption laws, the business stands out as one of the few local companies capable of competing with original equipment manufacturers (OEMs) in the medical imaging sector.

- Revenue streams will include high-profit service work, potentially generating up to 200,000 PHP per hour, alongside impressive sales goals aiming for 100 million PHP per month.

- Business has a government permit.
Products & Services Overview
We will supply and repair X-Ray machines, CT scanners, and other such devices.
Imaging centres and hospitals use them to diagnose patients.
Assets Overview
Assets include a printer, computers, medical equipment and tools.
Facilities Overview
No office space required. On-site servicing at hospitals. We do all work at the customer's location.
Capitalization Overview
Bootstrapped business with a single owner and no liabilities.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
6 Investors viewed this Business this week. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more