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MEP Construction Business Seeking Loan in Abu Dhabi, United Arab Emirates

Funds sought by an Abu Dhabi based-contracting and maintenance business to begin an ADNOC project.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 60 thousand
Run Rate Sales USD 110 thousand
EBITDA Margin 20 %
Industries MEP Construction + 1 more
Locations  Abu Dhabi
Local Time 11:59 PM Asia / Dubai
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 54 thousand for 10.0% annual interest, 2 years (Native Currency: AED 200,000)
Reason: Require funds for a big ADNOC project. Funds are needed as we won't receive any advance for this pro... View More
Collateral Available: USD 5.4 thousand
Includes physical assets worth USD 16 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- MEP contracting firm that offers design services as well.

- The business has 4 ongoing contract projects and a maintenance contract of AED 15k/month.

- We have a plumbing maintenance contract with a renowned company as well.

- Have completed 10+ projects since the inception of the business last year.

- The business is doing well but it needs a loan for a big ADNOC project.

- ADNOC is not ready to pay an advance and that's why require a loan.

Products & Services Overview

MEP contracting, facilities management, building maintenance, civil works, design.

Assets Overview

Physical assets include equipment to carry out MEP operations and some office furniture.

Facilities Overview

We have a rented office in Abu Dhabi.

Capitalization Overview
Not Disclosed
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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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