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Newly Established Snack Manufacturing Company Seeking Loan in Anuradhapura, Sri Lanka

Sri Lanka-based sSchips, seeking small business loan to scale distribution and production.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 9.7 thousand
EBITDA Margin Nil
Industries Snack Manufacturing
Locations  Anuradhapura
Local Time 4:08 PM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 16 thousand for 12.0% annual interest, 5 years (Native Currency: LKR 5,000,000)
Reason: Seeking a loan to purchase machinery, with repayment planned to begin one year after disbursement.
Collateral Available: USD 0
Includes physical assets worth USD 6.8 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Early-stage food processing business focused on manufacturing natural, hygienic banana chips for mass consumption.
- Operates from Anuradhapura with a small production setup using basic kitchen equipment and machinery.
- Targets everyday snack consumers, with strong appeal among children due to taste and simplicity.
- Current production capacity planned at LKR 2.5 million monthly, supplying through 3 active distributors.
- Business is in initial phase with operations expected to stabilize within the first few months.
- Annual revenue for the previous year is not available, as the business commenced operations this year.
- The business employs 5 staff to handle production, packaging, quality control, and distribution coordination efficiently.
Products & Services Overview
My product everyoNatural banana chips sold through local distributors, targeting general consumers with strong demand from children and retail snack buyers.
Ne can use mostly children.
Assets Overview
Tangible assets include kitchen equipment, machinery, and inventory, while intangible assets consist of the certificate of incorporation.
Facilities Overview
Operates from a rented apartment facility with low fixed cost (monthly rent ~LKR 10,000), supporting lean operations.
Capitalization Overview
The business is solely owned and entirely self-funded, with no existing loans or external liabilities.
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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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