Trucking Company Seeking Loan in Vilnius, Lithuania

Business providing local & international cargo transportation and expedition services seeks loan to buy new trucks.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 2.7 million
EBITDA Margin
0 - 10 %
Industries
Locations
Local Time
7:16 PM Lithuania
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 400 thousand for 10.0% annual interest, 5 years (Native Currency: EUR 350,000)
Reason: Seeking funds to purchase new trucks to cater to more clients.
Collateral Available: USD 110 thousand
Includes physical assets worth USD 560 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business License
Business Overview

- Company provides local and international cargo transportation and expedition services. We also started providing IT and marketing solutions to other transportation companies.

- We work with our own vehicles as well as hire other company transport when necessary. Have 21 own vehicles including different types of trucks and trailers.

- Clients include manufacturing companies, expedition companies, and trading companies. Our clients are based in Europe and the UK and we have direct contracts with big customers.

- Working on niche markets with special products and services for other logistics companies.

- Revenue Split: More than 85% of our revenue is generated from cargo transportation and expedition services and the rest is generated from IT and marketing solutions.

- Founders of the company have more than 15 years of experience.

- Business owned assets include transportation trucks and trailers, and office & warehouse spaces.

Products & Services Overview

Logistic services and expedition services, IT solutions for transport sectors, Commercial / marketing solutions, and services for the transportation sector.

Facilities Overview
Recent Activity
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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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