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.

Our business is a part of a company which is into construction. This business was started 2 years ago as a new venture. - We manufacture natural body care products such as hand wash, perfumes, herbal oil, herbal tooth powder. - We manufacture more than 10 different products ourselves and outsource 2 other products. - Selling these products under own brand name. - We have 20 wholesale distributors right now for our products. - Our facility can manufacture around 10,000 units per day. - Promoter has more than 5 years of experience in this industry.

Our business is a part of a company which is into construction. This business was started 2 years ago as a new venture. - We manufacture natural body care products such as hand wash, perfumes, herbal oil, herbal tooth powder. - We manufacture more than 10 different products ourselves and outsource 2 other products. - Selling these products under own brand name. - We have 20 wholesale distributors right now for our products. - Our facility can manufacture around 10,000 units per day. - Promoter has more than 5 years of experience in this industry.

Company trade Saint Gobain products like gypsum boards, gypsum channels, and gypsum powder and offers services like waterproofing, false ceiling, and gypsum plastering. - 80% of the revenue is from services and 20% from trading products. - The company has 30+ construction companies and builders as clients that include Sobha Infrastructure, LNTECC construction, RWD. - Before the pandemic, the revenue was INR 65 lakh. But due to Covid, we made fewer sales last year but we are getting back on track this year. - The company is debt-free and has 2 partners with equal stakes.

The business specializes in offering holistic health coaching and a variety of products related to health, understood in a way that means not only symptoms but also well being on all levels of experience. - We provide Ayurvedic health coaching with recommended tools to serve a healthy lifestyle, activating your authentic balanced self, and reflecting focus on holistic wellness and balance. - The products and services offered include holistic health coaching, recommendations for living habits, eating habits, and various Ayurvedic products such as herbs, spices, plant medicine, natural incense, creams, jewelry, and artwear. - Additionally, the business will operate a website where it sells these products. - The business model includes organizing events and workshops in Pisac, Peru, and offering online services to the people met there, with a vision to expand into a community center with retreats and various healing modalities. - Uses Calendly for scheduling 44-minute calls, available daily, at a charge of 44-77€ per session, enabling potential clients to book appointments conveniently. - Receive about 1 to 4 orders per week for the Alchemical products. These are sourced from the USA from Blue Emerald Alchemy, for whom we are official European distributors. - There is a focus on sustainability and holistic well-being, with a potential for growth into a larger community center and retreat space, combining online services with physical events and workshops. - The business is registered in Germany, but the owner is currently in Peru for the business.

Society in Tiruvallur has started the initiative to promote the chemical-free cultivation of vegetables among farmers. - Propose to cultivate chilly (for dry chilly) during the season starting early next year in around 500 acres, jointly with around 400 farmers. - Chilly cultivation is based on a purchase order from a prominent curry powder company, purchase price would be the market price, however, a minimum has already been fixed. - There are technology partners to provide service support as well as inputs. - Insurance coverage for the crop is proposed.

We are an FMCG distribution business that supplies to retail outlets in Trivandrum. - Have a large number of suppliers and we distribute 15 verticals of products including biscuits, pickles and curry powders. - Distribute these products to over 1,500 shops and supermarkets in Trivandrum. - Promoter has over 5 years of experience in the distribution business. - Company is now looking to import dates from Iran to sell through distribution channels in India. - We are in talks with an Iranian supplier and we have acquired the IEC in order to import the products. - Company's physical assets include stock.

Our primary revenue comes from distributing coffee under our own brand, offering 5+ premium varieties crafted from high-quality Arabica beans. - Production is done in small batches to ensure freshness and meet demand as needed. - In addition to coffee, we manufacture a range of coffee machines, from professional-grade models to compact instant machines, with over four distinct types currently in production. - We produce approximately 200 machines each month, all backed by a seven-day technical service guarantee, ensuring top-tier performance and customer satisfaction. - Our team of 25 full-time employees ensures seamless day-to-day operations. - We are the official supplier of coffee and machines to the Beachcomber Group, the largest hotel chain in Mauritius - a testament to our quality and reliability. - The high growth observed over the past year was primarily driven by securing contracts with large hotel chains, along with an increase in the number of supply agreements, significantly boosting both coffee and machine sales. - The business operates as a private limited company.

Our business is engaged in manufacturing PU foam sheets that are used in the bed mattress, cushion making, and garment industry. - Our business also does shipping of cargo vessels for coal, and iron ore from the market. - Currently, our major focus is on the manufacturing and trading of PU foam sheets. - Source the raw materials i. e. raw chemicals from few traders in India, otherwise we import the same from China, Japan, and Korea. - On average we have a production capacity of 400 MT to 500 MT per month. - We are supplying to 10-15 clients in Delhi, who are in the glass and garment industry.