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Serviced Apartment Seeking Loan in Surabaya, Indonesia

Require funds for a project to build a three-stories fully serviced residence in a premium location.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Serviced Apartments
Locations  Surabaya
Local Time 5:19 PM Asia / Pontianak
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 400 thousand for 7.25% annual interest, 3 years (Native Currency: IDR 6,600,000,000)
Reason: We need the funds to complete the project and will also provide a bank guarantee against the loan.
Collateral Available: USD 220 thousand
Includes physical assets worth USD 700 thousand
Interested to connect with advisors
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Business Name
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Documents
Site Plan
Business Overview

We own a land in the most developing housing area of Surabaya and are building a fully serviced residence for executives and foreigners with steady pace of property value increase. The project is in the licensing stage and will be completed in the next 10 months. A bank guarantee will be issued by Bank Central Asia, Bank Mandiri or OCBC NISP Bank, optional to investor or lender preference.

Products & Services Overview

Fully serviced residence with 3 bed rooms, garage, roof top garden and clustered area.

Assets Overview

We own the land on which 2 units of 3 stories are ready to build.

Facilities Overview

We are building a 2 units, 3 stories residence each of 240 square meter.

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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