Spices Business Seeking Loan in Colombo, Sri Lanka
Colombo-based spice exporter supplying premium Sri Lankan spices globally, seeks funding for business expansion.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 29 thousand |
| Run Rate Sales | USD 29 thousand |
| EBITDA Margin | 10 % |
| Industries | Import / Export + 1 more |
| Locations | Colombo |
| Local Time | 11:47 PM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
100 thousand
for
10.0%
annual interest,
5
years
(Native Currency: EUR 85,881)
Reason: Seeking funding for working capital to execute large-volume export orders and meet growing demand. A...
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Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Located in Colombo, this business specializes in the export of high-quality Sri Lankan spices, leveraging the island's rich culinary heritage.
- The company sources its products from both manufacturers and dealers, ensuring a diverse range of spices to meet client demands.
- Currently supplying to 2 major clients in Belgium, the business exports spices once every two months, maintaining a steady international presence.
- In addition to large-scale exports, the business also caters to local retail markets by accepting and fulfilling small orders on a limited scale.
- There is no inventory held, as the company follows a just-in-time procurement model, forecasting demand and procuring spices as per orders received.
- The business is fully compliant, possessing necessary business registration and an export license to operate legally within the industry.
- Plans for future growth include expanding export volume, indicating a commitment to increasing market share and reaching new clients.
- The company sources its products from both manufacturers and dealers, ensuring a diverse range of spices to meet client demands.
- Currently supplying to 2 major clients in Belgium, the business exports spices once every two months, maintaining a steady international presence.
- In addition to large-scale exports, the business also caters to local retail markets by accepting and fulfilling small orders on a limited scale.
- There is no inventory held, as the company follows a just-in-time procurement model, forecasting demand and procuring spices as per orders received.
- The business is fully compliant, possessing necessary business registration and an export license to operate legally within the industry.
- Plans for future growth include expanding export volume, indicating a commitment to increasing market share and reaching new clients.
Products & Services Overview
- Export of premium Sri Lankan spices such as whole black pepper, cinnamon, white pepper, and cloves, sourced from trusted manufacturers and dealers.- Primary services include supplying bulk spice orders to international buyers, currently in Belgium, while also fulfilling smaller orders for local retail customers.
- The spices are used by food distributors, retailers, and culinary businesses to enhance flavor, aroma, and authenticity in their products, leveraging Sri Lanka’s renowned spice heritage.
Assets Overview
The business does not hold significant physical assets, as we maintain no stock and procure as per order requirement.
Facilities Overview
No dedicated office facility; currently operating from residential premises.
Capitalization Overview
Self-funded.No outstanding loans or external funds raised.
Sole owner business.
Recent Activity
-
Earlier than 15 daysBusiness Development Director, Electronics & FMCG, Kowloon, Individual Investor / Buyer connected with the Business
Tags:
Import / Export Business Seeking Loan in Colombo, Sri Lanka
·Lend to Import / Export Business in Colombo, Sri Lanka
·Spices Business Seeking Loan in Colombo, Sri Lanka
·Lend to Spices Business in Colombo, Sri Lanka
·Import / Export Business Seeking Loan
·Lend to Import / Export Business
·Spices Business Seeking Loan
·Lend to Spices Business
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