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Sea-Borne Tankers Company Seeking Loan in Kuala Lumpur, Malaysia

Company with 2 offshore vessels and 3 years contract seeks funding to develop dry dock.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 2 million
Run Rate Sales USD 2.4 million
EBITDA Margin 40 %
Industries Sea-Borne Tankers
Locations  Kuala Lumpur
Local Time 12:12 PM Asia / Kuala Lumpur
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 1 million for 8.0% annual interest, 3 years (Native Currency: USD 1,000,000)
Reason: - To complete the dry docking project for the new lease contact. - Company valuation was done in 20... View More
Collateral Available: USD 0
Includes physical assets worth USD 9 million
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Business Overview

- We are a bareboat charterer of 2 anchor handling tug supply vessels.

- We have been profitable since the year of inception.

- Company has leased 2 vessels to an oil and gas company for 3 years.

- Company has an energetic mix of experienced personnel to handle operations.

- Vessels have a loan of USD 3 million. No liability other than this.

- Business has a single owner.

Products & Services Overview

- Operations & management of vessels and clients.

- Offshore supply vessel provider for clients.

Assets Overview

Physical asset includes two own offshore vessels.

Facilities Overview

Operating from a leased office in Malaysia.

Capitalization Overview
Not Disclosed
Recent Activity
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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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