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Trucking Company Seeking Loan in Vilnius, Lithuania

Business providing local & international cargo transportation and expedition services seeks loan to buy new trucks.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 2.1 million
Run Rate Sales USD 2.6 million
EBITDA Margin 0 - 10 %
Industries Trucking
Locations  Vilnius
Local Time 10:01 AM Europe / Vilnius
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 370 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 530 thousand
Interested to connect with advisors
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

Own office and warehouse spaces. Some of our warehouse spaces are rented.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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