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Trucking Business Seeking Loan in Kabupaten Kutai Barat, Indonesia

Transport logistics provider in East Kalimantan, serving 1 major client and seeking funding for expansion.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 90 - 100 thousand
Run Rate Sales USD 91 thousand
EBITDA Margin 30 - 40 %
Industries Trucking
Locations  Kabupaten Kutai Barat
Local Time 8:23 AM Asia / Jakarta
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 61 thousand for 10.0% annual interest, 2 years (Native Currency: IDR 1,000,000,000)
Reason: Seeking funding for working capital expenditure.
Collateral Available: USD 61 thousand
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Business Overview
- Based in Barong Tongkok, West Kutai, East Kalimantan, the business specializes in offering trucking solutions.
- A steady partnership of two years with PT Kruing Lastari Jaya (Smart Tbk), a key player in the oil palm industry, providing a consistent revenue stream and business stability.
- Access to a dedicated fleet of 15 dump trucks, enabling flexibility and readiness to cater to transportation demands efficiently.
- Operates on a contract-based billing system, allowing for immediate submission of bills upon contract completion — handling up to 10 contracts a month increases cash flow and financial liquidity.
- Utilizes a rental model for transportation equipment to mitigate risks and reduce maintenance costs, ensuring sustainable operations with limited liabilities.
- Opportunities to enhance service offerings and expand clientele in the material transportation sector, leveraging the ongoing demand within East Kalimantan's industrial landscape.
- Seeking capital to boost operational capabilities and fund truck rentals, allowing for scalable growth and enhanced service delivery efficiency.
Products & Services Overview
Offer trucking services, providing essential logistics primarily to the oil palm industry, with key clients like PT Kruing Lastari Jaya (Smart Tbk).
Assets Overview
The business doesn't have any physical assets of significant value as current operations are from home office and the vehicles are all rented.
Facilities Overview
Currently operating from home office within the owners' residential premises of 300m2.
Capitalization Overview
Business is privately owned and is funded by a bank loan with a guarantee of a SK (Appointment Decree) with an initial capital of IDR 270 million which is paid in installments over 15 years.
There are 2 shareholders in 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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