Textiles Wholesale Business Seeking Loan in Dhaka, Bangladesh

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

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 2.1 million
EBITDA Margin
12 %
Industries
Locations
Local Time
4:42 PM Bangladesh
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 2.4 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 600 thousand
Includes physical assets worth USD 350 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
Recent Activity
  • Earlier than 15 days
    Business Consultant, Cape Town, Business Broker connected with this business
  • Earlier than 15 days
    CEO, Milan, Financial Consultant connected with this business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more