Newly Established Spices Company Seeking Loan in Kandy, Sri Lanka
Sri Lanka based exporter of tea and spices with monthly exporting capacity of 140,000 kilograms.
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 980 thousand |
| EBITDA Margin | 20 % |
| Industries | Import / Export + 1 more |
| Locations | Kandy |
| Local Time | 5:26 PM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
49 thousand
for
13.0%
annual interest,
1
year
(Native Currency: LKR 15,000,000)
Reason: - Business seeks loan to increase the exporting capacity to meet the increasing demands from the exp...
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Collateral Available: USD 0
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Business Name
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User Verification
Documents
Incorporation Certificate
(77.7 KB)
Business Overview
- Business involves in exporting local tea and spices like cardamom, cinnamon leaves and pepper seeds to 3 countries: United Arab Emirates, Kuwait and Iraq.
- Have tied up with 3-4 manufacturing hubs and supply the products under its own distinct brand.
- Business has been operational only from January this year and has generated around LKR22 million from exporting tea and LKR 38 million from exporting spices.
- Currently has monthly exporting capacity of 100,000 KG of tea and 40,000 KG of Spices.
- Business holds an Incorporation Certificate.
- Have tied up with 3-4 manufacturing hubs and supply the products under its own distinct brand.
- Business has been operational only from January this year and has generated around LKR22 million from exporting tea and LKR 38 million from exporting spices.
- Currently has monthly exporting capacity of 100,000 KG of tea and 40,000 KG of Spices.
- Business holds an Incorporation Certificate.
Products & Services Overview
- We export local Sri Lankan tea and spices like cardamom, cinnamon leaves and pepper seeds to countries like the United Arab Emirates, Kuwait and Iraq.- Export of spices generates the most revenue to the business.
Assets Overview
There are no physical assets, as the stock is dispatched soon after purchasing it from the manufacturers.
Facilities Overview
- Business runs in a rented warehouse facility over a space of 220 sq ft paying a monthly rent of SLR 275,000.
Capitalization Overview
- Business is self-funded, and the promoter is the only shareholder of the company.- There are no outstanding loans/ debts on the business.
Recent Activity
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Earlier than 15 daysBusiness Development Director, Electronics & FMCG, Kowloon, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Export, Colombo, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Tiles And Stone Dealer, Colombo, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Import / Export Company Seeking Loan in Kandy, Sri Lanka
·Lend to Newly Established Import / Export Company in Kandy, Sri Lanka
·Newly Established Spices Company Seeking Loan in Kandy, Sri Lanka
·Lend to Newly Established Spices Company in Kandy, Sri Lanka
·Newly Established Import / Export Company Seeking Loan
·Lend to Newly Established Import / Export Company
·Newly Established Spices Company Seeking Loan
·Lend to Newly Established Spices Company
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