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Newly Established Vegetable Farm Seeking Loan in Quirino, Philippines

Agriculture wholesale business seeking financial support for truck purchase and land expansion.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 14.4 thousand
EBITDA Margin 25 %
Industries Agriculture Wholesale + 1 more
Locations  Quirino
Local Time 5:08 PM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 86 thousand for 7.5% annual interest, 3 years (Native Currency: PHP 5,000,000)
Reason: We are seeking a business loan to purchase trucks and expand our operations by acquiring adjacent la... View More
Collateral Available: USD 257 thousand
Includes physical assets worth USD 460 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
Additional Doc
DTI
Business Overview
- Business overview: Engaged in banana plantation, located in Cabarroguis, specializing in agriculture wholesale.
- Core product: Primarily focused on the cultivation and wholesale supply of high-quality bananas.
- Monthly supply: Currently supplying 10 to 20 tons of bananas to a diverse clientele, ensuring an ample supply for all buyers.
- Client base: Serves approximately 7 different buyers, fostering strong relationships to support consistent demand.
- Expansion plans: Actively seeking to expand distribution channels by supplying bananas to 3 major malls in Nueva Vizcaya, increasing market reach.
- Employment: Operates with a small team of 4 dedicated employees, emphasizing efficient production and service.
- Revenue model: Generates income through direct sales of bananas to local buyers and potential new contracts with retail malls.
- The business holds a valid DTI certificate.
Products & Services Overview
Our best-selling product is bananas, which we supply to both local customers and malls.
Assets Overview
Tangible assets include land worth PHP 20 million, a building, trucks, a tilling machine, a cutter, and a motorbike.
Intangible assets include the DTI certificate.
Facilities Overview
The business operates on approximately 6 hectares of land and includes a wooden house owned by the company.
Capitalization Overview
The business has been self-funded through its own sales and is now planning to expand into wholesaling to malls. It is solely owned by one owner and operates without any loans.
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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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