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Truck Rental Company Seeking Loan in Buea, Cameroon

Company involved in supplying earthmoving machinery and related equipment to Africa on rent.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.5 million
Run Rate Sales USD 1.5 million
EBITDA Margin 40 %
Industries Construction Machinery + 1 more
Locations  Buea
Local Time 8:37 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1 million for 10.0% annual interest, 5 years (Native Currency: USD 1,000,000)
Reason: We are seeking a loan to expand our business and to buy upgraded machinery, trucks, water tanker & o... View More
Collateral Available: USD 1 million
Includes physical assets worth USD 234 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Business is involved in offering services such as bush clearing, passage making from one village to another (i. e. road works), building foundations for individuals villas & others, clearing of the sandpit.

- Our company has worked on government maintenance projects and individual business projects.

- We have offices in Africa.

- We seek a loan to expand our business and buy upgraded machinery and the capital that we require is US$ 1,000,000.00 [i. e. USD one million].

- This amount will be repaid in five years @ 15% profit per annum.

- Utilisation of the funding will be as follows: approximately 75% will be used for the procurement of good quality earth moving machines, water tankers & trucks and, 4% will be used to refurbish /overall service and up-gradation of existing earth moving machines, while the remaining 21% will be used for working capital, which includes clearing costs for the machines' arrival at the destination.

Products & Services Overview

We provide services such as supplying earthmoving machinery equipment, spares parts & crushers equipment (with higher TPH) in Africa.

Assets Overview

The assets that we own are one caterpillar dozer, one Komatsu wheel loader, one JCB wheel loader, one caterpillar grader, and one Jeep.

Facilities Overview

Our company has offices in Africa. The office is on a rental property with a built-up area of approximately 2,500 sq. ft.

Capitalization Overview

The company is self-funded, and TRAMERCO LTD. is not in debt or has any outstanding loans. Ownership currently stands at 100% with one share holder.

Recent Activity
  • Earlier than 15 days
    Head Of Customer Relationship, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Director, Dubai, Law Firm 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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