Rolling Mills Business Seeking Loan in Dhaka, Bangladesh
Steel rolling mill seeks a long-term loan to pay off a short-term unsecured loan.
| Established | 5-10 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1.67 million |
| Run Rate Sales | USD 4 million |
| EBITDA Margin | 4 % |
| Industries | Rolling Mills |
| Locations | Dhaka |
| Local Time | 11:34 AM Asia / Dhaka |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
420 thousand
for
9.0%
annual interest,
10
years
(Native Currency: BDT 50,000,000)
Reason: Need working capital for the production unit and funds to pay off a short-term unsecured loan.
Collateral Available: USD 830 thousand
Includes physical assets worth
USD
334 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Trade License
(721.1 KB)
Business Overview
- Manufacturer and seller of construction materials like steel square bars, flat bars, and rods.
- More than 100 clients in different areas of Bangladesh.
- Clients include factories that use our products as raw material for production.
- Our unit can annually produce products worth BDT 60 crores.
- We sell through a sister concern established for trading our products.
- Sales were extremely low last year due to Covid induced slowdown.
- Total outstanding liabilities are about BDT 3 crore. This includes an unsecured term loan and OD facility.
- This manufacturing business is a sole proprietorship.
- More than 100 clients in different areas of Bangladesh.
- Clients include factories that use our products as raw material for production.
- Our unit can annually produce products worth BDT 60 crores.
- We sell through a sister concern established for trading our products.
- Sales were extremely low last year due to Covid induced slowdown.
- Total outstanding liabilities are about BDT 3 crore. This includes an unsecured term loan and OD facility.
- This manufacturing business is a sole proprietorship.
Products & Services Overview
We manufacture and sell steel square bars, flat bars, and rods.
Assets Overview
Physical assets owned by the business include the machinery used in the factory worth BDT 4 crore.101 (40 + 71) decimals of vacant proprietor-owned land. The accumulated value of these 101 decimals of land owned by the proprietor is BDT 30 crore. Part of the land can be used to secure this loan.
Facilities Overview
Production is carried out in a leased facility of 1 decimal near Dhaka, Bangladesh.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
Tags:
Sheet Metal Business Business Seeking Loan in Dhaka, Bangladesh
·Lend to Sheet Metal Business Business in Dhaka, Bangladesh
·Rolling Mills Business Seeking Loan in Dhaka, Bangladesh
·Lend to Rolling Mills Business in Dhaka, Bangladesh
·Sheet Metal Business Business Seeking Loan
·Lend to Sheet Metal Business Business
·Rolling Mills Business Seeking Loan
·Lend to Rolling Mills Business
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