Ship Repairing Company Seeking Loan in Singapore

ISO certified pipe fabricator and marine service contractor with 6 projects in hand.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 3 million
Run Rate Sales USD 3 million
EBITDA Margin 10 - 20 %
Industries Fabricated Metal Products + 1 more
Locations Singapore
Local Time 4:16 PM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 3 million for 10.0% annual interest, 3 years (Native Currency: SGD 4,000,000)
Reason: To expand into exotic material fabrication. We see enhanced growth with investment in our own facili... View More
Collateral Available: USD 370 thousand
Includes physical assets worth USD 370 thousand
Interested to connect with advisors
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Business Overview

- We are one of the leaders in pipe fabrication and offshore & marine service contract work in Singapore.

- Our company is ISO 9001 and 45001 certified, OHSAS certified and we have won the TDA and BizSafe Star awards.

- We have 6 projects worth SGD 4.5 million in hand for both pipe fabrication and marine services.

- Company has not been able to acquire new contracts due to the global situation so we have had to work on our in hand projects, however, from next week we would be able to acquire additional projects as the country opens up.

- We have equal revenue generation from both pipe fabrications and marine services.

- Company has around 4 regular clients and 3-4 ad hoc clients.

- Company's physical assets include machinery, equipment and vehicles.

- Promoter has over 30 years of experience in the field of pipe fabrication and marine services.

Products & Services Overview

Pipe & tubular fabrication, retrofit of vessels, provision of specialists to repair vessel.

Assets Overview

CNC Machine (Oxy & Plasma)

Beveling Machines.

Orbital Cutting & Beveling Machines.

Bandsaws.

High Frequency Welding Machines.

Overhead Cranes 5 ton to 15 ton.

Forklifts.

Crane Lorry 25 ton.

Lorries 40 Ft.

Production Tools.

Facilities Overview

45,000 Sq Ft rented facility which provides pipe fabrication facilities.

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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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