Seaweed Products Company Seeking Loan in Singapore
Singapore based seaweed biotech company producing bio fertiliser aiming to expand in the Chinese markets.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 30 - 40 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Seaweed Products |
| Locations | Singapore |
| Local Time | 3:55 PM Asia / Singapore |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
400 thousand
for
8.0%
annual interest,
5
years
(Native Currency: USD 400,000)
Reason: The owners are seeking a business loan to be able to expand the business.
The loan will help with w...
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Collateral Available: USD 0
Includes physical assets worth
USD
25 thousand
Interested to connect with advisors
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Business Name
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Documents
ACRA
(199.8 KB)
Visit to China Customer Factory
(55.4 KB)
Exhibition in China
(49.1 KB)
Sales Revenue
(409.3 KB)
Business Overview
- Company is a Singapore-based seaweed biotech company that specializes in producing a powerful plant supplement in the form of seaweed bio-fertilizer for farmers. The company is currently in the process of initiating registration in China and has existing customers in the region.
- Seaweed bio-fertilizer also serves as a feed ingredient for feed makers, and is used in agriculture for soil conditioning, bioremediation, and pest control. It enhances soil texture, water retention, and disease resistance, benefiting crop production.
- As of now, the company has 4 permanent employees and outsources the manufacturing of its products. It has an estimated potential of US$1.5 million in sales in the first year, with the capability to achieve US$10 million in sales and 25% profit in a single year once operational.
- The company currently has no sales but has three existing clients. It operates as a B2B business and has a small affinity in Indonesia, where seaweed is sourced from local islanders.
- The company has paused production and wants to expand its client base. The company utilizes seaweed for making bio supplements and is actively seeking new customers.
- Seaweed bio-fertilizer also serves as a feed ingredient for feed makers, and is used in agriculture for soil conditioning, bioremediation, and pest control. It enhances soil texture, water retention, and disease resistance, benefiting crop production.
- As of now, the company has 4 permanent employees and outsources the manufacturing of its products. It has an estimated potential of US$1.5 million in sales in the first year, with the capability to achieve US$10 million in sales and 25% profit in a single year once operational.
- The company currently has no sales but has three existing clients. It operates as a B2B business and has a small affinity in Indonesia, where seaweed is sourced from local islanders.
- The company has paused production and wants to expand its client base. The company utilizes seaweed for making bio supplements and is actively seeking new customers.
Products & Services Overview
Our most sold products include:- Powerful plant supplement and seaweed bio fertiliser which are used by farmers.
- Feed ingredients which are bought by the feed maker.
- Our products are used in agriculture for soil conditioning, bioremediation, and pest control. They enhance soil texture, water retention, and disease resistance, benefiting crop production.
Assets Overview
The physical assets owned by the company are:1. Equipment and grinding machines worth USD 10,000.
2. 20 tons of dry seaweed and product stock worth USD 15,000.
Facilities Overview
The factory is currently operating from a 300 sq. meter rented facility in Batam.The business aims to expand to 1,000 sq. meter facility soon.
Capitalization Overview
- The business has two shareholders holding equal shares.- Was financed with the help of a loan provided by friends and family.
- Has a private loan of $100K.
- The business operates with a 30-day credit period with the customer.
Recent Activity
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Earlier than 15 daysSenior Investment Banking Executive, Investment Banking, Atlanta, Corporate Investor / Buyer connected with the Business
Tags:
Seaweed Manufacturing Company Seeking Loan in Singapore
·Seaweed Products Company Seeking Loan in Singapore
·Lend to Seaweed Manufacturing Company in Singapore
·Lend to Seaweed Products Company in Singapore
·Seaweed Manufacturing Company Seeking Loan
·Seaweed Products Company Seeking Loan
·Lend to Seaweed Manufacturing Company
·Lend to Seaweed Products Company
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