7.1 / 10
 Colombo

Colombo-based trader of food products seeks loan for working capital.

Key Business Facts
Yearly Sales USD 1.94 million
EBIDTA Margin 20 - 30 %
Industries Chocolate and Confectionery
Locations  Colombo
Business Overview
- Indent agent representing many brands of food ingredients/essence & flavors/additives and industrial chemicals for 8 years.
- We act as exclusive agents for many brands.
- Import products from India, China, USA, and Malaysia and sell them pan Sri Lanka.
- We generate the majority of the sales from food additives and confectionaries.
- The company has 2 directors with equal shareholding and has no debts or liabilities.
Products & Services Overview
Traders of food additives and sell them to food manufacturers like biscuits, cakes, confectionaries, ice cream, etc.
Assets Overview
Tangible- inventory worth LKR 20 million. Intangible- brand and registration.
Seeking Loan
USD 1.16 million for 12.0% annual interest, 5 years (Native Currency: LKR 360,000,000)
Reason: Need funds for working capital and for business expansion.
Collateral Available: USD 0
Includes physical assets worth USD 65 thousand
Interested to connect with advisors
In talks with 2 Investors
Contact Business or Enquire on WhatsApp