Newly Established Plastic Packaging Company Seeking Loan in Cynthiana, USA
Pre-revenue grease tube manufacturer with inventory, orders, and 30-year experience seeking funds to launch production.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Plastic Packaging |
| Locations | Cynthiana |
| Local Time | 12:10 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
500 thousand
for
7.0%
annual interest,
1
year
(Native Currency: USD 500,000)
Reason: We are seeking funding to purchase equipment and machinery necessary to begin production. The busine...
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Collateral Available: USD 500 thousand
Includes physical assets worth
USD
600 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Facility Exterior
(391.5 KB)
Business Overview
• Pre-revenue manufacturer of grease tubes and grease packaging, preparing to launch production of 14/3-ounce grease tubes.
• Target customers include agriculture machinery dealers, automotive retailers, and industrial customers.
• Holds tube inventory worth USD 600k and confirmed customer orders valued at USD 350k prior to launch.
• Planned production capacity is 25,000 tubes per day per machine; operations will begin with one machine and scale to two.
• Promoter has 30 years of industry experience, bringing strong technical and domain expertise to the project.
• Facility setup is complete with a registered entity and incorporation certificate in place.
• Requires funding to commence full-scale grease production and fulfil initial confirmed orders.
• Target customers include agriculture machinery dealers, automotive retailers, and industrial customers.
• Holds tube inventory worth USD 600k and confirmed customer orders valued at USD 350k prior to launch.
• Planned production capacity is 25,000 tubes per day per machine; operations will begin with one machine and scale to two.
• Promoter has 30 years of industry experience, bringing strong technical and domain expertise to the project.
• Facility setup is complete with a registered entity and incorporation certificate in place.
• Requires funding to commence full-scale grease production and fulfil initial confirmed orders.
Products & Services Overview
14/3-ounce grease tubes for agriculture machinery dealers, automobile retailers, and industrial lubricant suppliers.
Assets Overview
Tangible assets:Inventory of tubes worth USD 600k.
These are crucial for our operations and cannot be liquidated.
However, they can be provided as collateral to the lender.
Facilities Overview
We have leased a 32,400 sq. ft. facility in Cynthiana to commence production. All painting and electrical work has been completed, and the facility is ready to begin operations.
Capitalization Overview
Has no loans.The business currently has one shareholder.
Tags:
Newly Established Plastic Packaging Company Seeking Loan in Cynthiana, USA
·Newly Established Plastic Container Company Seeking Loan in Cynthiana, USA
·Lend to Newly Established Plastic Packaging Company in Cynthiana, USA
·Lend to Newly Established Plastic Container Company in Cynthiana, USA
·Newly Established Plastic Packaging Company Seeking Loan
·Newly Established Plastic Container Company Seeking Loan
·Lend to Newly Established Plastic Packaging Company
·Lend to Newly Established Plastic Container Company
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