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Petrochemicals Company Seeking Loan in Sharjah, UAE

Petroleum products traders supplying to 10 clients seeks a loan.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 27.6 million
Run Rate Sales USD 28 million
EBITDA Margin 6 %
Industries Petroleum Product + 1 more
Locations  Sharjah
Local Time 1:04 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 4.1 million for 18.0% annual interest, 5 years (Native Currency: AED 15,000,000)
Reason: Need funds for business trade expansion.
Collateral Available: USD 0
Includes physical assets worth USD 1.23 million
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Our extensive worldwide expertise has enriched our growth and success in Asia, where we have seen extraordinary results.
- Our company is headed by an experienced board of directors, leading a skilled group of individuals committed to providing profitable and sustainable growth to the company and exceptional service to the clients.
- 8-10 manufacturers supply the products to us.
- Currently supplying the products to 10 clients.
- Invested around AED 2,000,000 for the upcoming facility in Hamriyah, Sharjah.
- We are able to generate the provided revenue because the volume of products purchased is high.
Products & Services Overview
Gas oil, distillates, diesel, mixed hydrocarbon oil, etc.
Assets Overview
Tangible assets include stock worth AED 1.5 million, office infrastructure, and machinery.
Facilities Overview
The office is located in the south of the city on a 1,500 sqft with an annual rent of AED 200,000.
Capitalization Overview
- Started with personal savings and have an existing relationship with Beehive with a consistent repayment and outstanding loan of AED 1.3 million.
- The company has 2 directors and 1 local director with 90%, 9%, and 1% shareholding.
Recent Activity
  • Earlier than 15 days
    Director, Dubai, Law Firm connected with the Business
  • Earlier than 15 days
    Founder & CEO, Hicksville, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, New Delhi, Financial Consultant connected with the Business
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22 Investors already contacted this Business. Register below to connect now!
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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