Residential Real Estate Construction Company Seeking Loan in Male, Maldives
Construction company seeks loan for new residential project offering 12% interest.
| Established | 5-10 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 520 thousand |
| Run Rate Sales | USD 780 thousand |
| EBITDA Margin | 20 % |
| Industries | Residential Real Estate Construction |
| Locations | Male |
| Local Time | 2:50 PM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
970 thousand
for
12.0%
annual interest,
10
years
(Native Currency: MVR 15,000,000)
Reason: The funds will be used to expand into residential real estate construction, specifically for buildin...
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Collateral Available: USD 194 thousand
Includes physical assets worth
USD
194 thousand
Interested to connect with advisors
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Business Name
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Documents
Income Tax Registration
(335.5 KB)
Certificate of Incorporation
(296.5 KB)
Business Overview
- Established as a leading construction entity in the Maldives with over two decades of successful building completions.
- Diverse portfolio includes over 20 completed residential and office buildings, showcasing expertise and reliability.
- Strong workforce of 50 skilled employees dedicated to delivering quality construction services.
- Actively engaged in several ongoing projects, with the team consistently meeting project deadlines and standards.
- Expansion plans target the real estate sector, leveraging construction expertise for broader business development.
- Payment timelines vary; private clients ensure prompt payments, while government agencies experience delays exceeding 90 days.
- Strategically positioned in Malé, tapping into the thriving real estate and construction market opportunities in the Maldives.
- Diverse portfolio includes over 20 completed residential and office buildings, showcasing expertise and reliability.
- Strong workforce of 50 skilled employees dedicated to delivering quality construction services.
- Actively engaged in several ongoing projects, with the team consistently meeting project deadlines and standards.
- Expansion plans target the real estate sector, leveraging construction expertise for broader business development.
- Payment timelines vary; private clients ensure prompt payments, while government agencies experience delays exceeding 90 days.
- Strategically positioned in Malé, tapping into the thriving real estate and construction market opportunities in the Maldives.
Products & Services Overview
The company specializes in contracting services for construction projects, including residential and office buildings.
Assets Overview
Assets owned by the company include construction equipment and tools for employees worth MVR 3 million.
Facilities Overview
Our office is located in a rented space in Male' City, Maldives, but we operate across the entire Maldives.
Capitalization Overview
- The company has no loan and is self-funded.- The company has two shareholders in a 50-50% shareholding pattern.
Tags:
Residential Real Estate Construction Company Seeking Loan in Malé, Maldives
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