Businesses Seeking Loan

We have land which is located in Sidhi, a district in India, and our idea is to build the first water park in the area. - We are planning to offer a range of services including a swimming pool, ship structure, circular swimming pool, rain dance, baby swimming pool, steam bath, and a restaurant. - The strategic location of the leased land, close to numerous attractions, presents an opportunity for attracting both tourists and local residents seeking weekend getaways and holiday activities. - The close proximity of the water park to the highway, just 600 meters away, enhances accessibility and potential customer reach. - The absence of well-maintained water parks in the vicinity presents a competitive advantage, as individuals currently have to travel to Mirzapur for similar recreational activities. - The offering of both recreational and dining facilities positions the water park as a comprehensive destination for leisure and entertainment, potentially appealing to a wide customer base.

Providing manpower services to government organizations as a contractor. - Currently servicing 20 clients and 2+ ongoing tenders. - Catering to both state and central government entities. - Acquiring contracts through tender processes. - Identifying candidates through contractor tie-ups. - Promoters have 14 years of experience in the field. - Proper licenses, registrations, and GST compliance in place. - Client base concentrated in Tamil Nadu.

Special Purpose Vehicle (SPV) established for the new project. - Parent company boasting a revenue of approximately INR 300 crore. - Current project value stands at INR 600 crore. - Diverse project portfolio including commercial and residential developments. - Promoters bringing in over 50 years of combined industry experience. - Pending licenses include RERA (applied for still pending approval), GST, and incorporation. - Estimated completion time for the project is 3 years. - 2.5 acres of land already procured for the project.

Special Purpose Vehicle (SPV) established for the new project. - Parent company boasting a revenue of approximately INR 300 crore. - Current project value stands at INR 600 crore. - Diverse project portfolio including commercial and residential developments. - Promoters bringing in over 50 years of combined industry experience. - Pending licenses include RERA (applied for still pending approval), GST, and incorporation. - Estimated completion time for the project is 3 years. - 2.5 acres of land already procured for the project.

Business startup focused on fire prevention for residential and commercial users in Chaguanas. - Primary products include fire sprays, fire extinguishers, and smoke alarms and offering training and education on fire prevention and equipment. - Target clients are residential home and car owners. - The business plans to procure stock from at least 4 foreign manufacturers located in the USA and China. - The retail store is projected to serve an average of 50-100 clients daily with an expected turnover of TTD 45k/month. However, the business is currently not operational due to a lack of funding. - The business aims to partner with building contractors, electrical contractors, and insurance companies to carry out the mission of fire prevention for residential owners.

The company has a strong customer base, having catered to over 200 customers, mainly builders and architects. - Procures wood from 4 vendors, with a focus on teak and rosewood for carving. - Holds a Labour license and a municipality license, ensuring compliance with regulations. - The promoter brings 25 years of experience in the industry, providing valuable expertise and knowledge. - Employs 4 full-time carpenters to carry out the carving work.

Company involved in the processing and export of Cocoa to Northern Africa. - Seeking senior secured lender for a USD 1.5 million short-term commodity trade finance facility for a cocoa processor/trader in Spain. - Each deal amount is approx USD 50,000 - USD 100,000 on shipment of cocoa powder from Spain to 4–5 buyers mainly in Northern Africa (Morocco, Algeria, and Tunisia). - Each deal of 40-80 days is on an uncommitted, transactional basis and continuously recurs. - 60% of the deals are receivable finance of 30–60 days. Buyer non-payment risk is covered with Coface Spain credit insurance. - 10% of the deals are voyage finance of 10–20 days. Financing is from the load port to the destination port. The lender receives payment 2 days before the vessel. Arrives at the destination port. Release of title to cocoa occurs after receipt of payment. - 30% of the deals are voyage finance followed by receivable finance for a financing period of 40–80 days. - Up to 15 deals may overlap but cannot exceed USD 1.5 million in aggregate. - Senior secured lender to provide 85% of each loan. Hommocks will provide 15% of each loan as a junior secured lender. - Hommocks will document the agreements and book/administer the loans. - Interest rate is SOFR + 8%pa. Current SOFR is approx 5.35%pa. Thus, all-in rate is 13.35 %pa (=8.5% + 5.35%) currently. There will be a floor SOFR of 3.5%pa. - The borrower company was founded 11 years ago and is located in Northern Spain. - The borrower company's annual sales are USD 2.5 million, total assets USD 4 million, and equity is USD 0.8 million.

We are a men's and women's apparel store. - We sell our products through our website and through other retail stores. - Receive 25-50 orders weekly from our online store and the retail orders depend on the sales they have made. - We generate equal revenue from both verticals. - Have 5+ apparel stores that sell our products. - The products are designed in-house and the fabric is cut by our team while the stitching is done by a third party. - Have around 10 designers working with us for the past 4 years and our services are recognized for quality finished products. - We need more employees as we design and cut the fabric on our own. - Promoter has 10+ years of experience in the industry. - The business has a registration certificate.

Company specializing in the manufacturing of power backup supplies. - It has a presence in Mexico City and is looking to expand its operations in Hong Kong. - Its primary products and services include voltage regulators, batteries, and uninterrupted power supplies. - Used for critical infrastructure, such as sites, data centers, and security applications. - The business expansion to Hong Kong, with a focus on facilitating distribution to Mexico's major retailers and wholesalers. - It collaborates with one of the most established brands in Mexico, indicating strong partnerships and market presence. - The expansion into Hong Kong suggests a strategic move to tap into new markets and potentially diversify its product offerings.

We are a food wholesale business. - We have been operational for 4+ years. - Import products from India and sell them to distributors in Qatar. - Have registered as a supplier in major stores. - Have 30-35 clients and each of our clients has 7-8 outlets. - Products are procured from 13-15 vendors located in Tamil Nadu, Kerala, and Karnataka. - Have excellent procurement capability and a strong business network. - Promoters have 4+ years of experience in the industry. - Business has a registration certificate.

Collaborate extensively with developers in Hyderabad to craft consumer-centric products, primarily investment models ensuring assured ROI within stipulated timelines. - Successfully delivered 26 projects, predominantly residential in nature, showcasing our commitment to quality and timely completion. - Obtained GST incorporation license, ensuring compliance with tax regulations and enhancing business credibility. - Engaged in a project spanning 80 acres, demonstrating our capacity to undertake large-scale ventures. - Initiated payments to landowners as token amounts from internal funds, solidifying relationships and securing project land. - Currently seeking funds for land approvals, a crucial step in project progression and regulatory compliance. - Offering an attractive 50% interest rate to investors, with proceeds derived from land sales to fund interest payments. - Identified over 5 potential buyers for the land, indicating strong market interest and potential for profitable transactions. - Owner is a seasoned real estate developer and consultant boasting more than two decades of industry expertise.

IT services provider to SMEs located in Nellore. - The company offers ICCC integration services, water SCADA, and smart elements. - The company's revenue is primarily project-based. - Currently working on a large-scale government-funded smart infrastructure project worth INR 20Cr for a major smart city client in AP. - The business boasts low overheads, consistent cash flow for the next 6 years, and only payroll costs at present, indicating a financially stable operational model. - The company's current focus on a large government-funded project which is a shift from small-scale projects for SMEs to larger is the reason for the significant growth in annual turnover from last year to this year. - There are 6 permanent employees, who are sufficient for running the business operations. No additional contract or temporary employees. - The business holds MCA and MSME registrations.