Scrap Metal Business Seeking Loan in San Fernando, Trinidad

- Based in San Fernando, Trinidad, this business specializes in trading scrap gold, leveraging a strong local presence to source materials efficiently.
- The business purchases scrap gold from over 70 local scrap suppliers in Trinidad, and exports it to a licensed U. S. refinery, where the purity of the gold content is measured and paid according to market prices.
- Operating with a lean, asset-light operation, the owner is the only employee, and manages all aspects without holding inventory; logistics and sourcing are outsourced to minimize overhead costs.
- Supply frequency: twice weekly, with shipments' volume averaging approximately 250–350g per week.
- The business boasts a weekly turnover of approximately $14,000 USD, offering 5-6% monthly returns on investment for stakeholders.
- The business is led by a knowledgeable owner with extensive experience in gold trading and investor relations, enhancing credibility and trust.
- Collaborations with a reputable U. S. refinery (UPRM) and a growing community of local scrap suppliers bolster the business’s operational efficiency and market presence.
- Sales have seen a significant uptick this year compared to last year, driven by increased shipment frequency, reinforcing the company's reliability and momentum in the market.
- Registered in Trinidad and Tobago, the business holds a jeweler's license, ensuring legitimacy and adherence to regulatory standards within the gold trading sector.