Businesses Seeking Loan

2013 established company providing bio solution to clients. - We design, manufacture and set up bio-plants as per the client requirement. - We have more than 44 clients across India. - Have successfully completed more than 30 projects. - We recently won a project from NTPC limited. - Promoter has more than 5 years of experience.

Business for production of spring water. This spring water, which will be sourced from La Palma, Province of La Vega, Dominican Republic, will be transported in hygienic tank trucks from the mountains to a central warehouse located in La Vega. , after which it will be bottled in glass containers and in aluminum cans. A global production of 114,800,000 glass bottles for 69,825,000 liters is planned; and 77,168,000 aluminum cans for 31,272,640 liters. This production will take place over two 8-hour shifts, counting 1 hour between each shift for the change of personnel, the lunch or dinner break, or the SIP of the chain (cleaning and rinsing of the production tool). For the last 38 years, the founder of this business has demonstrated their sense of innovation and managerial qualities as the owner and director of a hotel, by offering a new formula called “Discovery and Environment”. As the real estate director, they manage 100 apartments, 15 villas, and 30,000 sq. m. of office and retail space; and have also carried out two major real estate programs within the framework of the tax exemption. They are member of a group, and actively participate in the administration of this company; it is a group that currently employs more than 1,600 people with a consolidated turnover of approximately EUR 70 million. This group company collects and processes 70% of waste in Martinique, and also has branches in Guadeloupe, French Guyana, and Saint Lucie.

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.

The company is a leading IT consultancy firm based in Coonoor, India, catering to mid-market and SME clients. - The company operates under a fully remote BYOD (Bring Your Own Device) model and currently employs 16 full-time staff, consisting of developers and designers. It also hires contractual staff on an as-needed basis. - The company's top-selling service is IT consulting, and it also provides app development and software development services on an ad-hoc basis. - Notably, the company's major client is the Times Group, and it undertakes projects under their various IPs, including Radio Mirchi and Spelling Bee. The company bids for projects through tenders, boasting an impressive 70% success rate in winning such bids. - The company's focus is on mid-market and SME. - The remote operating model presents cost efficiencies and flexibility, potentially contributing to the company's competitive advantage and high margins. - The strong success rate in winning tender bids, particularly with a major client like the Times Group, highlights the company's ability to secure and deliver on high-value projects.

Women's apparel manufacturer supplying to the local market. - We have recently launched a brand for formal wear and have an existing brand for casual wear. - Our current installed production capacity helps us achieve an annual revenue of LKR 50 million. - 100% of the sales are from our casual wear brand and we want to now focus on the digital marketing of the formal wear brand. - We now want to expand the formal wear brand, increase our production capacity, and target the export market as well. Our aim is to ensure that we are established as an organization that produces quality and reliable apparel for the fashion industry. We are proud to say that we have secured our place as one of the leaders in the local market.

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.

Retail book store operating from Maharashtra. - Planning to go online as there is no competitor in business in Vidharbha region. - Good turnover business.