Vegetable Farm Seeking Loan in Caguas, Puerto Rico
Restarting fresh produce farm in Puerto Rico, supplying fruits and vegetables to supermarkets and restaurants.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | C Corporation |
| Reported Sales | USD 900 thousand - 1 million |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Vegetable Farms |
| Locations | Caguas |
| Local Time | 5:08 PM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
500 thousand
for
15.0%
annual interest,
5
years
(Native Currency: USD 500,000)
Reason: Seeking funds to kickstart operations, the business has requested a six-month time frame to begin re...
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Collateral Available: USD 0
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Business Name
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Documents
Logo
(24.0 KB)
Owner in a Banana Production
(91.5 KB)
Example of a Pumpkin Plantation
(117.5 KB)
Watermelon Plantation
(122.7 KB)
Onions Plantation
(102.9 KB)
Expected View of The Plantation
(91.9 KB)
Business Overview
- Farming business in Puerto Rico focused on cultivating and supplying fresh fruits and vegetables.
- Restarting operations after a temporary halt about 2 years ago due to financial constraints, with 25+ years of agricultural experience.
- Positioned to meet local demand in a market where over 95% of food is currently imported.
- In advanced discussions with 50+ local supermarkets and grocery marts for direct supply contracts.
- Products will also cater to restaurants and food service outlets, fulfilling a daily essential need.
- Operates with a valid operational license issued by the local government.
- Restarting operations after a temporary halt about 2 years ago due to financial constraints, with 25+ years of agricultural experience.
- Positioned to meet local demand in a market where over 95% of food is currently imported.
- In advanced discussions with 50+ local supermarkets and grocery marts for direct supply contracts.
- Products will also cater to restaurants and food service outlets, fulfilling a daily essential need.
- Operates with a valid operational license issued by the local government.
Products & Services Overview
Fresh fruits and vegetables sold to supermarkets, local marts, and restaurants across Puerto Rico.
Assets Overview
The business currently does not own any tangible assets. The intangible assets include the promoters' industry knowledge and connections.
Facilities Overview
The business plans to restart operations on leased land. The owner prefers either a long-term lease or purchasing land, but the final decision on the location is still pending.
Capitalization Overview
The business is owned by a sole owner.There are no debts in the business.
Recent Activity
-
Earlier than 15 daysRetail Banking Associate, Bank, San Juan, Individual Investor / Buyer connected with the Business
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