Businesses Seeking Loan in Jeddah

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Construction Material Wholesale Company Seeking Loan in Jeddah, Saudi Arabia

Business providing excavation and back filling contracting work, also wants to start trading steel re-bars.
- A business providing excavation and back filling contracting work, based in Jeddah, Saudi Arabia. - We work mainly on Government contracts. - Have completed 3 projects till date. - We are now looking to get into the steel trading business. The contracting business will continue as is. - We will be purchasing steel rebars from 2 large manufacturers in Saudi Arabia. - Products will be sold to manufacturers as raw material and distributors in Saudi Arabia. - Physical assets include office setup, tools, equipment and vehicles.
5.7   Jeddah
Run Rate Sales
SAR 4.2 million
EBITDA Margin
20 %
Business Loan
SAR 2 Mn at 10% interest
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Hotel Seeking Loan in Jeddah, Saudi Arabia

Hotel developer and operator in Jeddah seeking funds to complete a new hotel project.
- We are a hotel developer and operator in Saudi Arabia with over 4,000 rooms in cities all over the kingdom. - Have been in this business over 18 years and we possess a solid understanding of the lucrative hotel market in KSA along with sound local knowledge. - Looking for an investor to come in on one of our hotel project in the city of Jeddah, which is currently under construction (95%) complete. - It is a 4-star hotel with 130 rooms in one of the most prominent shopping districts in Jeddah. Need fit out and furniture to be operational. - We would start operations in 6 months once we receive the funds. - Huge potential for development and expansion in other projects with the right investor.
5.4   Jeddah
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
AED 35 Mn at 12% interest
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    There are 2 active and verified businesses seeking loan in Jeddah listed on SMERGERS as of 28 October 2020.
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