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Newly Established Ship Repairing Company Seeking Loan in Dubai, UAE

Ship maintenance and cleaning contractor seeking business loan to hire skilled crew for revenue growth.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 33 thousand
EBITDA Margin 20 %
Industries Ship Repairing
Locations  Dubai
Local Time 7:32 PM Asia / Dubai
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 5.4 thousand for 10.0% annual interest, 2 years (Native Currency: AED 20,000)
Reason: - We need more funds to apply visa for my workers to earn more money. - Our revenue can increase on... View More
Collateral Available: USD 0
Includes physical assets worth USD 16.3 thousand
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Business Overview
- Business: small ship repairing and marine maintenance service based in Dubai, operating under an active trade license and port license.
- We have been working with stock warrior and NOSSOS as client and we generate income through the services we provide.
- The business started operations about 7 months ago.
- Team: lean crew of 3 employees providing on-site ship repair, maintenance and tank cleaning services.
- Services: ship tank cleaning, and routine maintenance.
- Market: serves commercial vessels, cargo ships, tankers and marine operators calling Dubai ports and nearby regional harbours.
- Customers: existing clients include Stock Warrior, NOSSOS and a relationship with Yes Marine, indicating repeat B2B contracts with ship owners and shipping companies.
- Revenue model: generates income by charging service fees per job for one-off services right now. No recurring contracts.
- Compliance & credibility: holds required port and trade licenses, enabling lawful port access and commercial marine services in Dubai.
- Growth opportunity: scalable to larger contracts or subcontracting for shipyards, port operators and maritime logistics firms seeking reliable ship maintenance and repair services.
Products & Services Overview
- We do not necessarily sell products but, we render services like ship tank cleaning, maintenance and repair.
- We can provide services for any type of ship.
Assets Overview
Tangible assets include port equipment and specialised cleaning equipment.
Intangible assets:
- Trade marks.
- Business license.
- Port license.
Facilities Overview
- We have no office at the moment since we work in a free zone.
- Our registered address is in the Business Bay, Dubai.
- Our team works on site on the ships in the port.
Capitalization Overview
- It was funded by the owners and we have no money anymore.
- There are 2 shareholders in the business.
- No loans.
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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