Businesses Seeking Loan in Melbourne

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Nonferrous Metal Mining Company Seeking Loan in Melbourne, Australia

Government approved titanium ore mining business in Australia seeks funds to start the operations.
- A long-established public limited company developing a mineralized area under an approved permit, transitioning to mining significant quantities of high-quality ilmenite, apatite and zircon in an eluvial style deposit. - This is a low-cost project as no drilling & blasting is required. - The project is aiming to serve a clear, growing and under-served market. - This is a shovel ready project with all approvals in place. - Company has offtake agreement in place with metal processing companies. - Projected yearly revenue is around USD 40 million with high EBITDA. - Planning to mine 220K tons of ilmenite per year. - The company could offer the machinery and equipment that are purchased in the future as a collateral for the loan. - Business has taken 10,000 hectares of land on lease from the government for 99 years and developing infrastructure such as dams. Business does not have any physical assets.
7.1   Melbourne
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 30 Mn at 10% interest
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Real Estate Agency Seeking Loan in Melbourne, Australia

Real estate agency in Melbourne specialising in residential and commercial property management and sales.
- Real estate company in Melbourne having a branch office in St Kilda. - We offer residential and commercial property management, sales and rents. - We have grown, sold, maintained and developed real estate rent rolls for nearly 10 years. - Currently, have more than 20 property management contracts under us including residential and commercial properties. - We collect rent, provide statements, conduct rental reviews, negotiate lease renewals, conduct routine inspections, manage the vacating process, market empty property under management services and we charge a commission on the monthly rent for our services. - Our agency has seen significant profits over time and branched out into commercial office sales as well as residential sales. - Our core service is residential property management where we have proven to manage portfolios at a high level. - We have so far targeted Melbourne Metropolitan and now we are in a position to target in other states as well. - Promoters of the business have more than 30 years of combined experience in this field. - Business owns furniture, computers, website, property management contracts.
5.7   Melbourne
Run Rate Sales
AUD 600 thousand
EBITDA Margin
35 %
Business Loan
AUD 750 K at 15% interest
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  • How many businesses seeking loan in Melbourne are listed on SMERGERS?
    There are 2 active and verified businesses seeking loan in Melbourne listed on SMERGERS as of 24 October 2020.
  • What level of due diligence does SMERGERS conduct on the businesses/member?

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