Scrap Metal Company Seeking Loan in Singapore
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 300 million |
Run Rate Sales | USD 300 million |
EBITDA Margin | 5 % |
Industries | Trading + 1 more |
Locations | Singapore |
Local Time | 4:52 PM America / New York |
Listed By | Management Member |
Status | Active |
We are a New York-based firm established 6 years ago, specialising in working capital solutions for global commodity traders and producers. We provide short-term asset-based loans, secured by inventory and receivables, across commodities such as agricultural products, oil & gas, and metals. As an active lender in every deal, we originate, structure, and administer loans. No platform or administrative fees for co-lenders, ensuring a cost-efficient lending model.
We are offering participation in a USD 3 million working capital credit facility for a Singapore-based global trading company.
Facility structure: Comprises short-term (60–150 days) inventory and receivable financing deals, ranging from USD 100,000 to USD 750,000.
Investment options:
Senior lenders: Fund 90% of the deal, earning 12.5% per annum interest.
Junior Lenders: Fund 10% of the deal, earning 19% per annum interest.
We will participate as a junior lender in the deal.
- Borrower profile:
Established 12 years back, the borrower has an annual sales exceeding USD 300 million, equity of USD 19 million, and total assets of USD 47 million (tangible and intangible assets).
Over USD 40 million in credit limits from financiers. Approximately 10 employees are at its Singapore headquarters.
Business operations: The borrower sources products from suppliers mainly in Saudi Arabia, the UK, and the US, selling to buyers mainly in India, China, and Southeast Asia.
Deal details:
Deal duration: 60–150 days, evidenced by the borrower’s promissory note issued to lenders.
Collateral: Borrower’s inventory and/or receivables pledged as security for the benefit of lenders.
Why invest?
This is a unique opportunity to invest in a secure, high-yield trade finance facility with recurring deals, professionally structured and managed by us.
- Inventory worth USD 500k.
- Fixtures, furniture and office equipment.
These assets are crucial for our operations and cannot be liquidated.
Intangible assets:
- Receivables worth USD 42 million.
-
2 weeks agoManaging Director, Business Consulting Services, Singapore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Technology - Car Rental, Kolkata, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysPhotographer, Wedding Photography, Singapore, Individual Investor / Buyer connected with the Business