Businesses Seeking Loan

The business operates in Medellín, Colombia, and focuses on agricultural and agro-industrial projects in Colombia and Latin America, currently in the pre-revenue stage. - The business primarily deals with finding, administering, and executing projects for farmers, with a focus on improving efficiency, techniques, and production. - Currently has over 20 projects ready for implementation, and more than 100 projects in the pipeline awaiting planning, structuring, and funding from potential investors. - The average duration of the projects ranges from 6 months to 4 years, covering a wide spectrum of agricultural and agro-industrial activities, including crops, fishing farms, vegetables, grains, and processed goods such as juices and pulps. - Business also facilitates partnerships with buyers of agricultural products to establish sales channels for the farmers. - Revenue models include a 50-50 profit-sharing arrangement with farmers upon the sale of produce, advisory services, and the provision of rental services for agricultural equipment.

We are a manufacturer of agriculture fertilizer plant growth regulators and micro nutrients. - Have 5 vendors from whom we procure base elements. - Our production capacity is around 2 tons per month. As of now we are producing 1 ton per month. - We manufacture more than 20 products and have more than 100 clients. - Promoter has more than 8 years of experience in this business.

Agriculture land development project located in Chamarajanagar. - The business aims to develop and become Karnataka’s largest Sandalwood grower, leveraging advanced agriculture technologies for land development, cultivation, and harvest. - Karnataka Sandalwood has high demand in both Indian and international markets, with applications in cosmetics, soaps, perfumes, aromatherapy, handicraft items, incense sticks, and medicine. - The business offers high potential returns, with projected returns of up to 20x and annual return options. The base investment is secured by land assets. - The promoter brings close to a couple of decades of experience in agriculture and finance, with a focus on developing sustainable yet economically viable farming using advanced agriculture technology. - The business plan encompasses a multi-fold approach, with a priority on Sandalwood cultivation, horticulture (vegetable farms), and future plans for dairy farming, animal husbandry, and poultry farming. - Sales channels primarily focus on B2B transactions, with an emphasis on exporting to the Middle East and Western Europe, which presents significant growth opportunities. - Additionally, the business targets local retailers in the dairy sector, highlighting a diversified revenue stream. - The proposed allocation of the investment, with 40-50% earmarked for development and the remainder for advertising and staffing, is intended to optimize growth and market penetration.

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.

The business operates in the agriculture wholesale industry, specializing in the procurement and distribution of fresh organic vegetables and fruits. - Located in Hassan, the business serves as a key player in the agricultural wholesale market within Karnataka mainly delivering its products to Bangalore. - With a team of 49 dedicated employees, the business demonstrates a commitment to operational efficiency and productivity. - The product and service offerings include fresh organic vegetables and fruits, catering to the demands of wholesalers and delivery chains such as Big Basket and other similar entities. - The recent addition of a mushroom unit has proven to be a lucrative investment, yielding a remarkable 300x margin within a 3-month period. - Despite facing challenges related to water scarcity, the business has exhibited resilience by generating substantial revenue from the sales of leafy vegetables. - The business has established strong partnerships with major players in the market, currently serving over 300 wholesalers and demonstrating a robust distribution network. - While operations were limited in the previous year, the business is now strategically positioned to embark on an expansion phase, capitalizing on the growth potential within the industry. - The leadership team boasts extensive experience, with the directors collectively possessing decades of industry knowledge and expertise, positioning the business for sustainable growth and success.

We are importers and exporters of agricultural products. - We deal in coffee beans, yellow maize, black pepper, and yellow corn. - Products are imported from Pakistan, Brazil, and Argentina. - Have 6 suppliers in Pakistan and the number of suppliers in Argentina and Brazil depends on the cost of the products. - The products are sold in Vietnam. We sell coffee, yellow maize, and corn in Europe, Laos, Thailand, and Cambodia, and black pepper is sold in Iran. - We import 250 tonnes of maize, corn and pepper, and 25 tonnes of coffee. - Our domestic clients include companies engaged in manufacturing animal feed, a coffee processing plant, and other wholesalers. - The sales of the business were low last year as it was the first year of operations. - We require only a few employees as we are still working with a smaller amount of products. - Promoter has 3 years of experience in the industry. - We have a registration document.

We have 300 ropani land agreements with 100 farmers. - In peak seasons our target is NPR 3 lakhs plants and it can harvest 6 lakhs kg minimum in a year we will sell at NPR 200 per kg which is NPR 6 lakhs kg x 200 = 12cr and our margin is 20%. Hence expecting to reach this target this year. - Currently supplying to 30 customers who are farmers. - We have 2 employees and 2 more contract-based employees.

The company used to supply coconut husk chips. - We shut down 3 years ago post-COVID due to economic instability. - We supplied to 4 agricultural companies. - The company has a valid certificate of incorporation (COI). - The owner has 11 years of experience in the industry. - Since we already have a network of suppliers and clients, we will be able to finance the loan. - When it was operational, the company made around 1.5 million LKR annually. - We expect to launch operations as soon as we get funding and can start paying the interest a month after beginning operations.

Currently catering to 4 constant corporate clients (buyers), among the biggest exporters in Europe. - We buy the products from one vendor in Ukraine and export them to Europe. - The growth rate has been exponential since last year. - Have onboarded new business partners in GCC (KSA, UAE). - We are onboarding more employees now. - The sales have dropped due to the market conditions in Ukraine.