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Solar Power Plant Seeking Loan in Cebu City, Philippines

Residential solar program for cheaper electricity, seeking business loan for expansion.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity C Corporation
Reported Sales USD 76 thousand
Run Rate Sales USD 306 thousand
EBITDA Margin 10 - 20 %
Industries Solar Power Plants
Locations  Cebu City
Local Time 3:15 PM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 17 thousand for 15.0% annual interest, 10 years (Native Currency: PHP 1,000,000)
Reason: We want to expand operations for this particular project in our company. The funding will help us ex... View More
Collateral Available: USD 1.7 thousand
Includes physical assets worth USD 17 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Investor Returns
Installation Team
SEC
Business Overview
- The company's goal for this project is to give everyone access to cheaper electricity through solar with no huge cash out and just monthly billings.
- We just launched the service this month.
- Our revenue model is monthly billings plus management fees.
- The business hires some employees on a contractual basis.
- The business has the required business license to function.
Products & Services Overview
- We provide Solar electricity.
- We install solar system, operate and maintain the system.
- We cater to everyone with more than PHP 6,000 in electricity bill.
Assets Overview
Tangible assets include-: Solar system including all materials and accessories.
Facilities Overview
We have 2 offices: Cebu city and Makati. Both are rented facilities.
Capitalization Overview
Business does not have loans and liabilities as of the moment but we are already opening funding to both commercial and individual investors.
Recent Activity
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Contact Business
3 Investors contacted this Business this month. Register below to connect now!
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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