Businesses Seeking Loan

The business operates as a specialized accounting firm, catering primarily to small and medium enterprises (SMEs), offering essential outsourcing services. - Key services include filing tax returns, business setup post-incorporation, payroll processing, and implementing financial policies and controls. - Currently, the firm serves a diverse clientele of 25 businesses, which includes an engineering firm and a nursing home. - The firm accommodates both ongoing and one-time service requests for various accounting needs, ensuring flexibility for clients. - By focusing on SMEs, the firm maximizes its market potential, providing tailored financial solutions that improve client operations. - Revenue generation is achieved through service fees for annual contracts and one-time accounting tasks, optimizing income streams. - The firm is built on a relationship-focused approach, providing personalized attention to ensure the financial health of each client. - Operates with a valid operations license.

Wholesale export business of agricultural products like rice and spices. - We sell about 500 tons of rice and spices every month. - Our main export destination right now are European countries and biggest destination is Switzerland right now. - The business started 5 months back this year. - We have a certificate of incorporation.

Firm offers high quality technical services in all domains of dairy such as dairy plant, milk procurement. - We equip our clients to select best quality animals, ingredients & equipment for dairy & food businesses and develop their own manpower to manage the business efficiently. - We are experts in preparing detailed project reports, undertake process audit & support in setting up standard operating processes to run the projects smoothly and provide training client site, for training need analysis, setting standard processes, hygiene & sanitation, clean milk production. - Have more than 10 clients. - Now we are seeking funds for our new farming project. We plan to start our own dairy farming business. - We have already identified the land and it is yet to be purchased. - Since we are in the same field, it would be easy to start this project and grow it as soon as we receive the funds. - Promoter has more than 10 years of experience in consultancy field.

Based in Barquisimeto, this newly started vegetable farm specializes in the production and sale of fresh agricultural products, including vegetables, fruits, and grains. - The business sells its produce both offline and online, utilizing social media platforms to reach a wider audience and enhance customer engagement. - The business serves both B2B and B2C clients, with the B2B segment primarily consisting of shops and restaurants. - The business has a production capacity of approximately 3,000 to 5,000 kilograms of vegetables per month. - The farm serves an average of 5-10 customers daily, showcasing its popularity and reliability in the local community for fresh produce. - In addition to selling its own products, the farm supports at least 10 local farmers by helping them market and sell their agricultural produce, fostering a strong community network. - Operating with a registration certificate, the business adheres to legal requirements, instilling confidence among customers and partners in its legitimacy. - The farm’s multifaceted approach not only generates revenue through direct sales but also strengthens the local agricultural economy by promoting the success of neighboring farms.

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.

Rice trading business engaged in the export of high-quality rice to Dubai. - Serves over 35 regular clients across the UAE through long-term trade relationships. - Operations have slowed since February due to working capital constraints but maintain strong market connections. - Products are sourced from trusted suppliers ensuring consistent quality and export-grade standards. - Holds valid GST registration, MSME certification, IEC, and is registered under the Ministry of Corporate Affairs (MCA).

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.

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.