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Profitable Ground Logistics Business Seeking Loan in Lima, USA

Logistics company engaged in LTL, FTL services seeking a loan for expansion.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 144 thousand
Run Rate Sales USD 84 thousand
EBITDA Margin 20 - 30 %
Industries Ground Logistics + 1 more
Locations  Lima
Local Time 10:06 AM America / Chicago
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 30 thousand for 2.0% annual interest, 3 years (Native Currency: USD 30,000)
Reason: We are looking to expand the fleet of trucks and also buy office space.
Collateral Available: USD 100 thousand
Includes physical assets worth USD 7.5 thousand
Interested to connect with advisors
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Business Overview
- Logistics company running interstate and intrastate services.
- Offer LTL, FTL logistics, and complete packaging and moving solutions to our clients.
- We have 6 major contracts with different mid-size companies to ship their products on a regular basis.
- We provide express transportation to companies and deliver their products directly to the warehouses and client locations.
- Contracts with these 6 small and mid-size companies are renewed annually. Mainly cater to the e-Commerce and manufacturing sectors.
- Leads are acquired by approaching different clients from various sectors. Most of the clients belong to the manufacturing sector.
- 80% of the fleet is engaged in constant work orders every week from these clients.
- Also have tie-ups with some agents who we outsource services to when we are short of trucks.
- Also specialize in packing and moving services and cater to individual clients and people across the city.
- Intend to develop our own website in the upcoming year. Currently, working based on references and strong traditional marketing.
- Have a 5-star rating and very well known around Lima, Ohio.
- Sales have dropped due to the pandemic.
- We take pride in our work and want to keep up and provide excellent services.
Products & Services Overview
We offer LTL and FTL Logistics. We also over Interstate and Intrastate moving.
Assets Overview
Assets include vehicles such as Chevy Blazer, and a Mazda 3.
Facilities Overview
Home-based Business.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    President, Scottsdale, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, New York City, Financial Consultant connected with the Business
  • Earlier than 15 days
    Analyst, Princeton, Financial Consultant connected with the Business
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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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