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Businesses Seeking Loan in Maldives

Showing 1 - 15 of 35 Businesses Seeking Loan in Maldives. Lend to a Business in Maldives.

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Newly Established Guest House Seeking Loan in Vashafaru, Maldives

Business planning to start a guesthouse with a restaurant seeks a loan to start construction.
- Seeking investment for a company planning to start a guest house. - The guest house will have rooms, and a restaurant and will provide water activities. - The land is located near a beach. - The plan for the construction of the guesthouse is under development. - Construction will start as soon as the investment is received. - It will take 8-12 months to finish the construction and start the operations. - The registration will be acquired once construction has started.
7.1   Vashafaru
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 65 K at 11%
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Newly Established Guest House Seeking Loan in Malé, Maldives

The company operating 3 guesthouses in the Maldives looking for business loan for new project.
- Business running guest houses and hotels in the Maldives looking for a business loan. - The business currently operates 3 guest houses and will start more operations soon. - The company with a lot of properties up for investment and assets that are up for purchase. - They have connections to the leading companies of Maldives. - The different guesthouses have an accommodation capacity of 70-12-56. - Guesthouses also have restaurants, pools, and vehicle services to and from the airport. - The founders have over 20 years of experience in this industry. - The company is a registered limited Company in Maldives. The company has the license to operate travel agencies, license to operate guest houses in Maldives, license to operate construction projects in Maldives. - Since we help companies to get investors we dont have much work to allocate more personal. Therefore the revenue is high though there are only 2 employees.
7.6   Malé
Run Rate Sales
USD 18 million
EBITDA Margin
10 - 20 %
Business Loan
USD 11 Mn at 10%
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Resort Seeking Loan in Malé, Maldives

Seeking Loan: Ongoing project of 5,000 sq ft guest-house with 22 rooms.
- Ongoing project: acquired land, seeking funds for guest-house development. - Land: own 5,000 sqft parcel secured for construction. - Guest house: plans drawn, construction permit obtained for a 22-key guest house. - Permits & licenses: all necessary construction permits and business licenses are in place. - Promoters' experience: collective 45 years of experience among promoters. - Construction timeline: maximum completion time set at 12 months, targeting 7 months. - Expansion potential: option to expand room capacity, albeit with increased investment. - Facility details: 22-key, 3-story building with terrace, reception, office, swimming pool, shop, coffee shop, restaurant, and kitchen.
Seeking Loan: Ongoing project of 5,000 sq ft guest-house with 22 rooms.
7.6   Malé
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 450 K at 10%
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Yachts and Boats Business Seeking Loan in Inguraidhoo, Maldives

Business into building boats and safari boats with 3 ongoing projects seeks a loan.
- Successfully completed boat-building products. - Specialized luxury boat building safari boat building and interior and exterior finishing. - Currently completed more than 50+ projects. - Currently going on 3+ projects on luxury safari boats. Usually takes 2 months to complete. - We procure the raw materials from local traders.
6.3   Inguraidhoo
Run Rate Sales
USD 200 thousand
EBITDA Margin
40 %
Business Loan
USD 200 K at 6%
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Import / Export Company Seeking Loan in Malé, Maldives

Established food trading business looking for a USD 100 million loan in Maldives.
- One of the largest corporate entities in the Maldives. - An established entity with an excellent reputation both at home and overseas. - The company primarily trades the goods and earns from the difference between buying price and selling prices. - The company also buys from local fishermen and exports their product to the global market.
8.7   Malé
Run Rate Sales
USD 108 million
EBITDA Margin
20 %
Business Loan
USD 50 Mn at 15%
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Yachts and Boats Business Seeking Loan in Veymandoo, Maldives

Maldives based boat building company, with 3-4 orders per year, creating luxury speed boats.
- Luxury speed boat building company, based in Maldives. - Sold to the tourism companies and also to a few individual people. - Used commercially by resorts for commuting between islands, fishing and sea sports activities. - We build based on the orders we get. - Receive orders for about 3 to 4 boats per year. - Average value of each boat is MVR 350k and the duration for completion of 1 boat is 4 months. - Raw materials are procured from Male and China. - There is 1 permanent employee, additionally, there are 7 contract workers, working in the building unit. - Has high demand because of the booming tourism industry and the entire country is separated by islands.
Maldives based boat building company, with 3-4 orders per year, creating luxury speed boats.
6.9   Veymandoo
Run Rate Sales
USD 120 thousand
EBITDA Margin
40 %
Business Loan
USD 6 K at 10%
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Printing Business Seeking Loan in Malé, Maldives

Printing services business that offers diverse services requires MVR 200,000 to cover low sales months.
- Printing services business offering a multitude of services. - Our main source of revenue is printing services for corporate, offices, and government offices. - We bid for printing tenders as well. - Receive walk-in customers who buy digital content from us as well and this makes substantial money for us. - Sales are low at the moment as the clientele decreases in the school holiday season. - Business has the registration certificate.
5.7   Malé
Run Rate Sales
USD 120 thousand
EBITDA Margin
20 - 30 %
Business Loan
USD 13 K at 12%
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Grocery Shop Seeking Loan in Malé, Maldives

Grocery store in Maldives, planning to have physical and digital presence seeking for loan.
- We are planning to launch hybrid grocery shopping model with physical and an online store. It will be located in Hulhumale phase 1, Maldives. It will have the following features: - In-store shopping: Traditional brick-and-mortar shopping experience. - Digital shopping: Online orders through the mobile app. - Local customers: The local customers will be more. - Full fledged grocery store: It will have all the grocery and diary products. - Delivery services: Doorstep delivery for online orders. - We will have mobile app for our store.
5.7   Malé
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 32 K at 12%
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Event Management Business Seeking Loan in Maldives

Established event management business in the Maldives, receiving 2-15 events\month, requires loans to expand.
-Established event planning and decoration business in the Maldives. -Provides services such as decorations and planning, party props rental and party shop, photography studio, and food catering for weddings and corporate events. -Specializes in providing wedding planning and decorations in resorts throughout the Maldives. -Receives 2-15 events per month and is in high demand. -Current team of 3 employees. -Requires loans to expand and cater to more high-end clients. -Experienced in providing services for weddings, corporate events, and birthday parties. -Offers a unique and personalized experience for each event.
6.5   Maldives
Run Rate Sales
USD 120 thousand
EBITDA Margin
20 %
Business Loan
USD 100 K at 15%
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Furniture Company Seeking Loan in Malé, Maldives

Wooden furniture business in Male seeking business loan to regain losses from supply boat incident.
- Company offering customized wooden furniture, based in Male. - Our products include cupboard, racks, dressing table, doors etc. - Majority of our clients are residential, we also get a few commercial orders, who are retail stores, restaurants etc. - We get ~ 30 to 40 orders per month. Average order value MVR 4 k to 5k. - Additionally, we also provide supply boat services which we supply construction materials to resorts in islands. - We don't get these orders on a monthly basis, but average order value is MVR 150k. - Our turnovers for this year have dropped compared to last year because one of our fully loaded supply boat hit a reef and we lost almost MVR 500,000 worth goods and total loss above MVR 1 million, which caused a total business shut down for more than 2 months. - However, due to the incurred loss, we couldn't take up supply boat orders, as we don't have the working capital.
Wooden furniture business in Male seeking business loan to regain losses from supply boat incident.
6.8   Malé
Run Rate Sales
USD 130 thousand
EBITDA Margin
25 %
Business Loan
USD 60 K at 10%
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Petroleum Product Business Seeking Loan in Guraidhoo, Maldives

Looking to grow a 7-year-old oil business in Maldives with 3-4 regular buyers catering boats.
• Our company is based in the Maldives, and we are looking for an investment to assist us in developing further. • The business currently distributes diesel & petrol, and services wholesale and retail customers. • Our main clients are boats, safaris, barges, fish boats, landings, heavy vessels, and tugs. • We have 7 years of experience in the industry and have a good customer base. • This year due to a credit issue, a lot of sales stopped, certain clients had to be removed and projects had to be postponed; thus the sales have gone down. • There are 3 to 4 regular buyers for the company's products and services and have a good customer base.
6.4   Guraidhoo
Run Rate Sales
USD 400 thousand
EBITDA Margin
20 %
Business Loan
USD 130 K at 1%
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Newly Established Travel Agency Seeking Loan in Malé, Maldives

Recently established travel agency that has catered to 20 customers to date seeks a loan.
- Have tied up with 18-20 resorts in Maldives. - Also have catered to 20 customers to date. - We customize the itinerary for our customers. - Are charging USD 200 for itinerary customization. - The promoter has 7 years of experience in this industry. - We have 3 employees (1 customer receiver, 2 admins).
6.8   Malé
Run Rate Sales
USD 16 thousand
EBITDA Margin
30 - 40 %
Business Loan
USD 45 K at 11%
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Sport Goods Business Seeking Loan in Malé, Maldives

Established online fishing and marine equipment business seeking loan to expand and open shop.
• Established online business selling fishing and marine equipment based in Malé, Maldives. • Products include sports fishing rods, reels, hooks, marine ceiling lights, underwater lights, and more. • Currently receives 10-15 clients per day, and looks to expand with the help of loan investment. • Outsources all products and has three employees including the owner and supervisors. • Business is growing and is in need of investment to open a shop for increased profitability.
6.8   Malé
Run Rate Sales
USD 7 thousand
EBITDA Margin
20 %
Business Loan
USD 50 K at 12%
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Engineering, Procurement & Construction Company Seeking Loan in Malé, Maldives

Seeking investment: Construction company with 50+ successful projects completed and ongoing portfolio of 6+ projects.
- A construction works business simplifies the startup process, offering services such as establishing in Maldives (including island leasing), reclamations, and dredging if necessary, lagoon sheet piling, and all civil and coastal works. - Additionally, we offer maintenance services tailored to your needs, including emergency services. - No other certificates or approvals are necessary apart from tax and business registration. - Successfully completed over 50 projects. - Specializing in constructing sewage and pipeline systems for government clients. - Currently serving 6+ clients.
Seeking investment: Construction company with 50+ successful projects completed and ongoing portfolio of 6+ projects.
7.0   Malé
Run Rate Sales
USD 160 thousand
EBITDA Margin
40 %
Business Loan
USD 100 K at 10%
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Newly Established Restaurant Seeking Loan in Malé, Maldives

Seeking loan to open an Italian restaurant and bar at Maldives with 80 seating capacity.
- Opening an authentic Italian restaurant and bar in a world class tourist destination, which has multiple businesses such as, luxurious hotels, world-class dining, leisure, retail and entertainment centers at Male, Maldives. - We have rented the facility but the interiors are yet to be set up. - The restaurant will be led by an renowned Italian Chef. - The primary 2 goals is to deliver authentic Italian cuisine and to create a unique dining experience. - Seating capacity will be 80. - We are projecting average monthly sales of MVR 771,000 with profit margins of 30%. - Special features will include wine selection, live pizza station, pizza making classes, live singers, karaoke nights, pizza making classes etc.
7.2   Malé
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 200 K at 10%
Contact Business

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    There are 35 active and verified businesses seeking loan in Maldives listed on SMERGERS as of 28 March 2024.
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