Newly Established Trucking Company Seeking Loan in Trondheim, Norway

Business that provides cleaning and transportation services seeks loan to buy new trucks.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 200 thousand
EBITDA Margin 30 %
Industries Trucking
Locations  Trondheim
Local Time 8:56 AM Norway
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 54 thousand for 15.0% annual interest, 2 years (Native Currency: NOK 500,000)
Reason: Funds will be used to get back to our normal track as it was before the pandemic. We need to buy new... View More
Collateral Available: USD 0
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Business Overview

- Under our transportation vertical, we provide road transportation services to companies and help deliver products from company to company and company to customer.

- Provide these services across all Scandinavian countries.

- We used to have a fleet of 2 company owned trucks, but one of them got into an accident and the other got burned down due to electrical failure.

- Have 3 clients for the transportation business. Clients include Bring Norway and PostNord.

- Do not have any contracts with these clients, but are looking to have contacts with clients once we acquire more trucks.

- Currently deliver products through rented trucks.

- Under our cleaning services business, we provide cleaning services to B2B clients such as offices, restaurants, hotels and builders.

- 70% of our total revenue is generated through transportation and the remaining through cleaning services.

- Funds will be used to acquire more trucks as this is required in order to obtain contacts with our clients.

Products & Services Overview

We provide transportation services and cleaning services to customers.

Assets Overview

Business does not own any physical assets at the moment.

Facilities Overview
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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