Newly Established Yarn Goods Company Seeking Loan in Brescia, Italy
Hemp industrial processing start-up in Italy has secured contracts with major textile and automobile clients.
Premium Plan
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | C Corporation |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Yarn Goods |
| Locations | Brescia |
| Local Time | 10:58 PM Europe / Luxembourg |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
700 thousand
for
10.0%
annual interest,
5
years
(Native Currency: EUR 600,000)
Reason: We need funds for the startup process development, finalizing, machinery procurement, daily cash-flo...
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Collateral Available: USD 0
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Business Overview
- Hemp industrial processing business start-up is based in Brescia, Italy.
- The company plans to offer a diverse range of products, including hemp fiber for the textile industry and bio plastics for automobiles in addition to construction and paper packaging material.
- Focused on circular economy initiatives, with plans to utilize the waste part of the hemp for construction and green energy production, including hydrogen.
- The company has already secured contracts with major clients, including Ferrari for Formula 1 cars, and luxury textile brands such as Hermes, Chanel, and Armani.
- Additionally, they have established solid relationships in the UAE, USA, and Italy, indicating a strong international presence and market access.
- The company's core product, hemp, naturally absorbs CO2, offers fireproof and waterproof properties, and is known for being antibacterial, durable, and resistant.
- Furthermore, the company is involved in carbon sequestration and land decontamination, emphasizing its commitment to environmental sustainability.
- The promoter is currently in Luxembourg but the business is established in Brescia, Italy.
- The company plans to offer a diverse range of products, including hemp fiber for the textile industry and bio plastics for automobiles in addition to construction and paper packaging material.
- Focused on circular economy initiatives, with plans to utilize the waste part of the hemp for construction and green energy production, including hydrogen.
- The company has already secured contracts with major clients, including Ferrari for Formula 1 cars, and luxury textile brands such as Hermes, Chanel, and Armani.
- Additionally, they have established solid relationships in the UAE, USA, and Italy, indicating a strong international presence and market access.
- The company's core product, hemp, naturally absorbs CO2, offers fireproof and waterproof properties, and is known for being antibacterial, durable, and resistant.
- Furthermore, the company is involved in carbon sequestration and land decontamination, emphasizing its commitment to environmental sustainability.
- The promoter is currently in Luxembourg but the business is established in Brescia, Italy.
Products & Services Overview
Products include - hemp fiber for the textile industry and bio plastics for automobiles in addition to construction and paper packaging material.Can expand to pharmaceutics, cosmetics, foods, bio-fuels, composites industries as well.
Waste part of the hemp for construction and green energy production, including hydrogen.
Assets Overview
Industrial machines and tools are yet to be procured.Intangible assets include - Chronology know how.
Facilities Overview
Rented industrial processing warehouse in Brescia, Italy.Will be opening in Bulgaria and Romania as well.
Capitalization Overview
Self-funded till date.No loans or debts.
The company is in startup mode.
There are currently 4 shareholders.
Recent Activity
-
Earlier than 15 daysOwner, Investment, Milan, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Engineering, Pune, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, London, M&A Advisor connected with the Business
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