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Residential Real Estate Seeking Loan in Nonsan-si, South Korea

South Korean modular and prefab housing company with 60-home annual capacity seeks loan for expansion.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 340 thousand
EBITDA Margin Operating at loss
Industries Residential Real Estate
Locations  Nonsan-si
Local Time 2:51 AM Asia / Seoul
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 142 thousand for 10.0% annual interest, 1 year (Native Currency: KRW 200,000,000)
Reason: The business is seeking a loan as working capital to fulfill existing orders and finance the constru... View More
Collateral Available: USD 35.4 thousand
Includes physical assets worth USD 3.54 million
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Business Overview
- The business manufactures prefabricated houses for both B2B and B2C customers.
- It offers prefabricated houses with building areas ranging from approximately 33 to 80 square meters. The houses are available in single-story, two-story, and three-story configurations.
- It currently serves 20+ active clients and has an annual production capacity of 60 houses, with 25 houses currently in production.
- Most houses are manufactured using machinery at the company’s facility.
- The business has six employees responsible for on-site assembly, while third-party logistics providers handle transportation.
- It is registered as a private limited company with the required tax registrations.
Products & Services Overview
The company’s top-selling offerings include modular homes, prefabricated residential units, customized housing modules, and prefabricated building components. These products are primarily used by individual homeowners, property developers, construction companies, real estate investors, and institutions seeking cost-effective and efficient housing solutions.
Assets Overview
- Tangible assets: The business owns a range of manufacturing and construction equipment, including steel cutting and forming machines, welding machines, CNC equipment, drilling machines, grinding machines, panel cutting machines, insulation installation equipment, lifting and handling equipment, power tools, assembly tools, electrical equipment, air compressors, generators, safety equipment, storage racks, office furniture, and other production-related machinery.
- The tangible assets are required for business operations and cannot be diluted.

Intangible assets: The business owns its company name and brand, established customer relationships, product designs and specifications, manufacturing know-how, production processes, technical expertise, supplier relationships, logistics partnerships, and operational knowledge.
Facilities Overview
The business operates from a 2,000 sq. m. manufacturing facility with a monthly rent of KRW 40 million.
Capitalization Overview
The company has a share capital of KRW 80 million and is wholly owned by a single shareholder. The business has no outstanding debt.
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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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