Oil & Gas Drilling Company Seeking Loan in Atlantic, Canada
Drilling and blasting business with 6 active clients seeking a loan to complete upcoming projects.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | C Corporation |
| Reported Sales | USD 8.6 million |
| Run Rate Sales | USD 8.6 million |
| EBITDA Margin | 40 % |
| Industries | Oil & Gas Drilling |
| Locations | Atlantic |
| Local Time | 8:41 PM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
7.1 million
for
10.0%
annual interest,
5
years
(Native Currency: CAD 10,000,000)
Reason: We are seeking funds to complete our upcoming projects.
With funding, we can initiate our projects,...
View More
Collateral Available: USD 710 thousand
Includes physical assets worth
USD
930 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview
- Business type: Small drilling and blasting company focused on mining and quarry operations with auxiliary interest in timber and aggregates.
- Core services: Drilling and blasting for mining, quarrying, and aggregate extraction primary revenue stream is drilling and blasting fee income.
- Target markets: Mine owners, quarry operators, construction aggregate buyers, and international project developers for overseas expansion.
- Customers: Currently active client base of about 5–6 repeat clients providing steady contract work.
- Growth plan: Seeking funds to fund overseas projects and scale a one-gold, lumber, and quarry project pipeline.
- Competitive strengths: Hands-on expertise in drilling and blasting, experience in gold mining and aggregate production, and flexibility to enter related sectors like timber.
- Business model: Contract-based service fees for drilling and blasting plus revenue from mined gold and aggregate sales; potential new income from timber and international contracts.
- Team size and scalability: A lean team of 2 employees enabling low overhead but requiring capital and hires to scale operations and manage multiple projects.
- Monthly revenue depends on the exclusive pricing of drilling and blasting projects, rather than the number of employees.
- Core services: Drilling and blasting for mining, quarrying, and aggregate extraction primary revenue stream is drilling and blasting fee income.
- Target markets: Mine owners, quarry operators, construction aggregate buyers, and international project developers for overseas expansion.
- Customers: Currently active client base of about 5–6 repeat clients providing steady contract work.
- Growth plan: Seeking funds to fund overseas projects and scale a one-gold, lumber, and quarry project pipeline.
- Competitive strengths: Hands-on expertise in drilling and blasting, experience in gold mining and aggregate production, and flexibility to enter related sectors like timber.
- Business model: Contract-based service fees for drilling and blasting plus revenue from mined gold and aggregate sales; potential new income from timber and international contracts.
- Team size and scalability: A lean team of 2 employees enabling low overhead but requiring capital and hires to scale operations and manage multiple projects.
- Monthly revenue depends on the exclusive pricing of drilling and blasting projects, rather than the number of employees.
Products & Services Overview
Drilling and blasting is our best-selling service, widely used in gold mines and quarries.
Assets Overview
Tangible assets include equipment and two drills; intangible assets include the business registration certificate.
Facilities Overview
We operate from a single-owned office space of 3,000 sq. ft.
Capitalization Overview
The business is funded through recurring revenue and has no loans.
Recent Activity
-
1 week, 4 days agoBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
-
1 week, 5 days agoDirector, Real Estate Consultancy And Investment, Lisbon, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysAssociate, Investment Firm, Evanston, Corporate Investor / Buyer connected with the Business
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Contact Business
2 Investors contacted this Business this month.
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