Businesses Seeking Loan

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.

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.

We are a film production company. - We have produced 12-15 films so far. - Currently, the business has released 6 films, 3 are in the process of shooting, and 7 are in pre-production. - Have our own in-house team that writes the scripts. - We make Gujarati, Hindi, English, and Southern language films. - Have tie-ups with studios for the production process. - We rent the larger equipment required for the shoots. - We hire manpower based on the requirements of the project. - Promoters have 12 years of experience in the industry. - We have GST and incorporation certificates.

The company is located in Urjala and focuses on developing the Trimble Tekla Structures software and providing training to designers. - Offer training, development and maintenance, consulting and data model coordinator services for the structures software from residential buildings to office buildings. - The owner has 20 years of experience in information modeling and has established extensive contact networks and long-term cooperation agreements with software suppliers. - The business has experienced significant growth, with an annual turnover expected to reach EUR 200,000 by the end of this year, representing a substantial increase from EUR 80,000 the previous year. - It is the only company in Finland engaged in this specific type of collaboration with Trimble Oy, indicating a unique positioning in the market. - The company has successfully managed to secure 5 Finland based clients in the industrial machinery sector, operating on a project-based revenue model with an average of 5 projects per year. - The average project duration is 6 months, with an average project value ranging from EUR 40,000 to EUR 50,000, indicating a consistent and substantial project pipeline. - The business has 3 permanent employees, including the business owner. He is planning to recruit 3 to 5 more employees.

Seeking senior secured lender on a $1.5 million short-term commodity trade finance facility for a Turkish tobacco trader. - Each deal amount is approx $750,000 on shipment of tobacco leaves from India to Antwerp, Belgium. - Up to 2 deals may overlap but cannot exceed $1.5 million in aggregate. - Each deal is for a total duration of approx 60 – 90 days and is on an uncommitted, transactional basis and continuously recurs. - Each deal is comprised of 2 phases. First phase is voyage finance from India load port to a warehouse in Antwerp, Belgium for a duration of up to 60 days. - Second phase is warehouse finance in Antwerp, Belgium for a duration of up to 30 days. - Shipped tobacco is pledged as collateral to the Lenders. - Senior secured lender to provide 85% of each loan. - The company will provide 15% of each loan as a junior secured lender and document the agreements and book/administer the loans. Senior lender interest rate is SOFR + 12%pa. Current SOFR is approx 5.35%pa. Thus, all in rate is 17.35% pa (=12% + 5.35%) currently. - There will be a floor SOFR of 3.5% pa. - Established 16 years ago and headquartered in Istanbul, Turkey, promoter is a tobacco producer and trader. The company has over 120 employees of which 30 employees are in Turkey. - There are 100 clients, globally located but most of them are in Europe. - The company has 7 years of strong relationship with the Indian supplier, ITC. Purchases 4 - 5 shipments from ITC every year with satisfactory performance on quality and quantity. - Company's total assets are $4.5 million, and annual sales are $2.8 million. - The promoter is New York based and is currently in Tokyo, the business is headquartered in Istanbul.