Businesses Seeking Loan in Maldives

Results 1 - 13 of 13 - Businesses Seeking Loan in Maldives. Lend to a Business in Maldives.

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Engineering, Procurement & Construction Company Seeking Loan in Malé, Maldives

Construction company that undertakes and executes coastal protection projects for private resorts in Maldives.
- Company started as a sole proprietorship in 2016 and we converted it into a private limited entity in this year. - Specialize in constructing coastal protection structures such as harbor construction, shore protection, breakwater, revetment and beach fill. - We execute projects only for private resorts and have finished 3 coastal projection projects in Maldives till date. - Typical length of the project ranges from 8 months to 1.5 years. - Have 8 permanent employees and additional 7 employees on a contract basis. - Company also provides its machinery on rent which contributes 10% to the total revenue. - Our run rate sales have dropped due to COVID-19 as we were unable to bag large projects. At present, we are working on 1 small project. - Founder of the company has 7 years of experience in this industry.
Construction company that undertakes and executes coastal protection projects for private resorts in Maldives.
8.6   Malé , Maldives
Run Rate Sales
MVR 1.2 million
EBITDA Margin
30 - 40 %
Business Loan
MVR 8 Mn at 15% interest
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Newly Established Building Maintenance Business Seeking Loan in Malé, Maldives

Company provides construction finishing and maintenance work and has completed 30 projects.
- We are into construction related finishing work and maintenance work. - Some of our services include building exterior and interior cleaning, painting, electrical works, carpentry and disinfecting and many other such services. - Company has finished more than 30 projects so far for both corporate and individual customers. - The average duration of these projects is around 1 month. - Our services are offered individually or as a package deal which includes huge discounts. - We are planning to diversify our business by moving into the epoxy decorations space as well.
6.5   Malé , Maldives
Run Rate Sales
MVR 4.8 million
EBITDA Margin
15 %
Business Loan
MVR 1 Mn at 10% interest
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Newly Established Tour Operator Seeking Loan in Malé, Maldives

Tour operator provides fishing trips in the Maldives, seeks funds to upgrade newly purchased vessel.
- Tour operator provides all-day and weekly fishing trips in the Maldives. - We provide 1-day to 1-week long fishing trips and have tied-up with local resorts and guest houses to provide complete packages to the tourists. - Company used to operate with a rented vessel and received about 10-20 clients per month before the pandemic. - Our packages range from USD 600 to USD 1,200 per tourist. - We get our bookings from Facebook, Instagram, and the FishingBooker platform. - Our operations were closed temporarily due to the pandemic and we are now looking to restart operations. - We have purchase our own vessel and need funds to install outboard engines and for other fishing equipment. - Promoter has over 10 years of experience.
Tour operator provides fishing trips in the Maldives, seeks funds to upgrade newly purchased vessel.
6.7   Malé , Maldives
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
MVR 1 Mn at 12% interest
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Resort Seeking Loan in Malé, Maldives

Company seeks project funding to develop a licensed tourist resort on an island in Male.
- We plan to develop a luxury resort in one of the prime locations of Maldives. - The resort will be developed with more than 60 individual villas targeting travellers worldwide. - Resort will also include 2 restaurants, beach access, beach grill, sunset bar, diving and water sports centre, spa, gym, boutique. - Out of the 60+ villas, more than 40 will be on the water and 20+ will be on land. - We did 2 similar projects in the past and this is our 3rd project. - One more project is on-going. - It would take 24 months to complete the project post-investment. - Facility will also have powerhouse/generators, fuel storage tanks, RO plants, water storage tanks, sewage treatment plant, waste disposal, incinerator, bottle crusher, staff accommodation, staff restaurant, staff shop and bar, laundry and housekeeping, main stores, cold storeroom, training rooms, engineering and workshops, sewage pipe network and lifting pump stations, electric distribution and cable network, IT and television network.
7.8   Malé , Maldives
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 35 Mn at 9% interest
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Engineering, Procurement & Construction Company Seeking Loan in Malé, Maldives

Established construction company with years of experience in medium-scale projects and an excellent team.
- 15-year old construction and development company based out of Male, Maldives. - Company specializes in building construction, sewerage, harbour construction, building maintenance, electrical wiring and installations, painting and interior decorations, welding and related works. - Company has built a reputation for reliability and an excellent network of clients and local business partners. - Over the years the company has worked with a number of private individual clients as well as large public sector enterprises. - Have complete more than 30 projects till date. - Company has 24 full-time employees and other workers are hired depending on the project. - Physical assets include land, office, furniture and machinery.
7.1   Malé , Maldives
Run Rate Sales
MVR 24 million
EBITDA Margin
22 %
Business Loan
MVR 20 Mn at 16% interest
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Snack Manufacturing Company Seeking Loan in Malé, Maldives

Snack manufacturing company in Malé with 10 retail clients, seeks funding to increase production capacity.
- Snack manufacturing company in Malé. - We produce snack products such as cheese balls, chicken rings, and nuggets. - Have a leased manufacturing facility and the maximum production capacity is 120kg per week with capacity utilization of 90%. - We supply to 10 retail clients in Malé and the products are sold without a brand name. However, we have just registered our own brand and will begin selling products under the brand. - Production activities have been halted temporarily due to COVID-19. - We are seeking funds to expand our production capacity by purchasing more machinery. Post obtaining funds, we expect to resume production in 1-2 months. - Promoter has 5+ years of experience in production and market research. - While our business is new to the Maldives, the products are well-known in the market and we already have a lot of demand from wholesalers. - Business owned assets include machinery and equipment.
Snack manufacturing company in Malé with 10 retail clients, seeks funding to increase production capacity.
6.2   Malé , Maldives
Run Rate Sales
MVR 4.2 million
EBITDA Margin
10 - 20 %
Business Loan
MVR 1.5 Mn at 13% interest
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Residential Real Estate Construction Business Seeking Loan in Malé, Maldives

IT Services and security firm in Maldives planning to expand the business into real estate.
- Startup business in Maldives offering digital advertising, technology solutions, IT services, cybersecurity services to businesses, companies and offices. - Have completed 70 networking and cybersecurity projects since inception. - We have 10 clients on annual maintenance contracts for IT services. - We have a lot of good opportunities and demand for residential construction projects in Maldives mainly due to tourism. - Planning to expand the business into real estate construction projects and need funds for that. - We are in the process to hire designers, marketing team to start the real estate division. - Business owns servers, computers, furniture.
7.2   Malé , Maldives
Run Rate Sales
USD 30 thousand
EBITDA Margin
25 %
Business Loan
USD 10 Mn at 18% interest
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Juice & Snack Shop Seeking Loan in Malé, Maldives

Cafe business located in a prime location in Male seeks funds for expansion.
- Cafe in the Maldives serving milkshake, snacks, mocktails, deserts. - Have gained the trust of our customers with consistency and friendly approach. - Facility is located on one of the busiest roads in Maldives with businesses, banks, mosques in the close vicinity. - Serve 200-250 customers on a daily basis. - We offer very competitive prices without diminishing the quality of our service. - We operate only as a takeaway shop and do not have seating arrangement for now. - Promoter has previous experience in this industry. - As the required loan amount is lower side, we would be returning the loan within a year and ready to pay a maximum interest rate of 35%. - Business owns kitchen equipment, interiors, social media accounts.
6.6   Malé , Maldives
Run Rate Sales
MVR 2.2 million
EBITDA Margin
20 %
Business Loan
MVR 150 K at 35% interest
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Petroleum Product Wholesale Company Seeking Loan in Malé, Maldives

Transportation of fuel to government stations and resorts in the Maldives through fiber boats.
Company provides marine logistics services for transportation of fuels to government clients and resorts. For government client, we only provide pick up and delivery of fuels at government stations. However, for resort clients, we buy it from the fuel station and then sell it to the resorts. We have 2 resorts as our client. Business generates 60% of revenue from government clients and rest 40% from resort client. We have 2 boats of which 1 is owned (30 MT capacity) and the other is leased (12 MT capacity). Seeking funds to buy another boat of 80 MT capacity. We have already identified the boat and spoken to the seller from India. Founder of the company has 10 years of experience. Business owned assets include 1 boat and office equipment.
6.8   Malé , Maldives
Run Rate Sales
USD 144 thousand
EBITDA Margin
20 %
Business Loan
USD 100 K at 5% interest
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Fast Food Restaurant Seeking Loan in Maldives

QSR operating successfully with 1 outlet, seeking funds to open another outlet in Malé.
Successfully running QSR restaurant serving rice, noodles and varieties of submarine & burgers, is seeking funds to start 2nd outlet in the capital city in Malé. Our current outlet is located in one of the atoll in Maldives. We plan to start the 2nd outlet in Malé. Current outlet: It is spread on 2 floors with total seating capacity for 89 customers. The outlet has complete indoor seating arrangements along with a small facility for kids entertainment. The restaurant is popular amongst the tourist and locals. Have 1,200+ likes & followers on Facebook. Proposed outlet: The proposed outlet will be in the capital city in Malé which will have both indoor and outdoor seating facility along with a small kids entertainment section. We are yet to finalize the location. Business owned assets include kitchen equipment and furniture owned at our current outlet.
6.5   Maldives
Run Rate Sales
MVR 2.8 million
EBITDA Margin
25 %
Business Loan
MVR 1 Mn at 18% interest
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Newly Established Travel Agency Seeking Loan in Malé, Maldives

Tourism business in Maldives providing travel and tourism packages.
- A tourism business based in Male, Maldives. - We are still in the pre-revenue phase. - We will be providing general tourism packages and medical tourism packages. - Will be including travel, stay and transportation under these packages. - Packages will be sold through online platforms and social media. - Owner has 10 years of experience in this industry. - Physical assets include land the company owns.
6.6   Malé , Maldives
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
MVR 20 Mn at 11% interest
Contact Business

Brick Factory Seeking Loan in Malé, Maldives

Brick manufacturing company in Maldives, having a daily production capacity of 4,500 bricks.
- Company incorporated in 2015 manufactures various types of bricks. - Have more than 30 clients. Our clients are mainly construction companies. - We recently constructed a manufacturing unit and it can produce 4,500 bricks per day. - Have 5 types of bricks and some of them are Cement Bricks, Sand Brick, s Hollow Blocks, Solid Blocks. - Company owns 2 boats through which sand from sea is procured and cement is procured from the local dealers. - Have 2 pickup trucks which we use for delivery purpose. - Manufacturing unit has 3 floors out of which 2nd and 3rd floor is for staff accommodation. - Physical assets include boats, trucks, concrete machine and other equipment.
Brick manufacturing company in Maldives, having a daily production capacity of 4,500 bricks.
7.2   Malé , Maldives
Run Rate Sales
MVR 6 million
EBITDA Margin
33 %
Business Loan
MVR 3 Mn at 18% interest
Contact Business

Marine Logistics Business Seeking Loan in Maldives

Transporting fuel to government stations and resorts in Maldives via wooden boats.
- We are a marine logistics company based in Maldives. - We transport fuels to government stations and resorts. - Have tie up with over 10 resorts in total. - Our business sees a very high demand and we operate 27 days a month. - We provide complete custom clearance and forwarding service. - Fuels are transported via wooden boats. We own 1 boat and hire rest as per the demand. - Founder of the company has 7 years of industry experience.
Transporting fuel to government stations and resorts in Maldives via wooden boats.
7.8   Maldives
Run Rate Sales
MVR 2.9 million
EBITDA Margin
10 - 20 %
Business Loan
MVR 7.5 Mn at 15% interest
Contact Business

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  • How many businesses seeking loan in Maldives are listed on SMERGERS?
    There are 13 active and verified businesses seeking loan in Maldives listed on SMERGERS as of 24 October 2020.
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