Petroleum Product Company Seeking Loan in Richmond Hill, Canada

- One of the leading exporters of semi-processed used hydrocarbon oils, importing over 50,000 MT annually from Canada, the USA, and the Caribbean Islands to India, promoting sustainability in the circular economy.
- Operates with a zero-capital expenditure model, generating monthly revenues exceeding $300,000 and sharing profits with financial partners to maintain a low-risk operational framework.
- Promotor is an accomplished entrepreneur with extensive experience in fuels, metals, automotive, and aerospace sectors, ensuring strong leadership in the market.
- Exclusive sourcing agreement and partnerships with top recycling and waste management firms guarantee secure, end-to-end processing of used oil products.
- Committed to sustainability and compliance, recognized for innovative recycling practices, and holds certifications for hazardous waste management and environmental standards.
- Plans to expand into re-refining operations to convert used oils into high-value base oils, enhancing profitability and solidifying control over the recycling process.
- We operate with 6 permanent employees in the company as most of the work is taken care of by our partners. Storage and logistics operations are outsourced to third-party partners.
- Our business operates on a zero-capex model, meaning we do not own any physical storage facilities, warehouses, or office buildings. This approach allows us to maintain flexibility and scalability without capital investments in infrastructure. Additionally, all our employees work remotely, which helps us minimize overhead costs and adapt easily to varying business demands.
- We’ve experienced significant revenue growth this year compared to last, driven by a sharp increase in export volumes. While we initially focused solely on oil exports, we’ve successfully expanded our portfolio to include metal exports, opening up new markets and boosting overall profitability.
- The business holds an active oil & gas license for operations in Canada, along with an import/export license for international trade. It is also certified for handling and recycling hazardous materials through authorized partner facilities, ensuring compliance with industry and environmental standards.