↩ Go Back
Need help?

Plastic Packaging Company Seeking Loan in Polonnaruwa, Sri Lanka

Company manufactures and exports FIBC jumbo bags, seeks funds for operational expansion.
This transaction has concluded.

Established 5-10 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 1.7 million
Run Rate Sales USD 2 million
EBITDA Margin 20 %
Industries Plastic Packaging
Locations  Polonnaruwa
Local Time 4:23 AM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 2.6 million for 8.0% annual interest, 6 years (Native Currency: LKR 800,000,000)
Reason: Seeking funds to expand our manufacturing facility. Looking for loan providers who can offer lower i... View More
Collateral Available: USD 3.3 million
Includes physical assets worth USD 5 million
Interested to connect with advisors
Documents
Company Profile
Business Overview

- Our company started its operations in 2016, dedicated to the production of Flexible Intermediate Bulk Containers (FIBC) bags.

- Have setup our own manufacturing unit, having raw material capacity of 250 MT per month. We produce FIBC bags which can hold loads from 500 Kgs to 2 Tons.

- All our products are exported to our clients based in Russia, India and Pakistan. Most of our clients are from construction and material handling industry. They use our bags for raw material packaging.

- Looking to expand our operations by increasing the production capacity of our manufacturing unit. Seeking funds to invest in new machinery and expansion of our production facility.

Products & Services Overview

FIBC Bags from Plastic Woven Fabric, with material handling capacity from 500kg to 2 Tons.

Facilities Overview

Own facility with built up area of 18,000 Sq. Ft.

Capitalization Overview
Not Disclosed
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
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.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more