Businesses Seeking Loan

Company that designs, and oversees the construction of residential and commercial buildings. - More than 200 buildings have been designed by our company and supervision of sites is also done. - 4 construction sites simultaneously running at the moment. - We have a permanent team of 15 employees that has 4 engineers and 1 architect. - We deploy contract labour for our projects. - Net revenue with a total of 100 projects was around NPR 70 lakh last year. - High volume of projects as we do small-scale projects like building houses, shops, and showrooms.

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.

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.

Mumbai based business specializes in manufacturing and selling bakery products. - We run 5 retail stores across Mumbai. - We supply to 10 B2B clients. - Annual revenue for this year will be INR 2.5 crore as we recently opened more retail stores. - Also supplying to franchise stores of a reputed gifting brand. - Revenue is equally split between retail sales and B2B sales.

The bakery specializes in selling cakes, biscuits, and cookies with half kg cakes being their best-selling product. - The starting price of products is INR 300. - The business has established tie-ups with 5 nearby corporate clients to cater their events. - The bakery has a loyal customer base, with some customers patronizing the business for over 5 years. - The daily footfall averages at around 30-40 customers. - Online orders through a tie-up with Winnie contribute to 50% of the bakery's sales, with the other half being in-store sales. - The bakery undertakes deliveries within a 10km radius of the store. - It has a total seating capacity of 10-15 customers. - The business is operated by a total workforce of 7 including part-time workers, including the owner with 3 years of experience, and a family member with 5 years of experience in the industry. - We have all the necessary licenses and approval to operate including the FSSAI license.

Business focused on selling and providing aftersales services for copier machines and their parts. - Our clients are spread around Tasikmalaya and south of the West Java region. - Clients include offices and copy shops. - Majority of sales is through the sale of products like parts and entire copier machines. - We have a direct relationship with importers of copier parts and machines so we can sell our parts and machines at low prices.