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Textiles Wholesale Business Seeking Loan in Dhaka, Bangladesh

Dhaka based exporter of woven fabrics seeking a loan to set up own manufacturing facility.

Established 10-20 year(s)
Employees 50 - 100
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2 million
Run Rate Sales USD 2 million
EBITDA Margin 12 %
Industries Textiles Wholesale
Locations  Dhaka
Local Time 4:11 AM Asia / Dhaka
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 2.2 million for 7.0% annual interest, 5 years (Native Currency: BDT 200,000,000)
Reason: The funds will be used to set up our own textile weaving plant. The property has been identified and... View More
Collateral Available: USD 540 thousand
Includes physical assets worth USD 320 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Trade License
BTMA License
Business Overview

- Supplier of yarn, print, and solid dyed fabrics.

- Most of our revenue comes from exports to USA and India.

- Currently export around USD 100,000 worth of yarn dyed woven fabrics and USD 70,000 worth of solid dyed woven fabrics each month.

- The fabrics are sourced from a 3rd party manufacturer in Dhaka.

- We intend to start our own textile weaving factory which would help us increase our revenue and improve margins.

- The proposed factory will be spread across a 20,000 sq. ft. plot which has been identified but is yet to be acquired.

- The new factory will have 60 weaving machines and help us produce USD 600,000 worth of fabric each month which we intend to export to our clients in USA and India.

- Physical assets currently owned by the business includes inventory, packing equipment and other operating assets.

Products & Services Overview

Yarn dyed oven fabrics, solid dyed oven fabrics and print fabrics.

Facilities Overview

Leased space of 3,000 sq. ft. The facility has 2 floors and houses the corporate office and the warehouse.

Recent Activity
  • Earlier than 15 days
    MD, Diversified, Mumbai, Corporate Investor / Buyer connected with the Business
  • Earlier than 15 days
    Business Consultant, Cape Town, Business Broker connected with the Business
  • Earlier than 15 days
    CEO, Milan, Financial Consultant connected with the Business
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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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