Businesses Seeking Loan

Authorized maintenance and construction company for the Maldives Embassy in Sri Lanka. - Have completed over 50 projects to date and have 12 ongoing projects. - One project usually takes 20 days to complete. - Have 10 permanent and 7 contract-based staff. - Generate equal revenue by selling construction materials and roofing contracting. - The promoter has 5 years of experience in the Industry in Sri Lanka.

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.

Company focused on manufacturing home furniture and supplying furniture plywood, exotic veneer, and furniture components to wholesalers and manufacturers. - Primarily engaged in serving 12 local clients, with a monthly supply frequency and an average client supply value of FJD 15,000. - With a current manufacturing capacity utilization of 20%, the company has the potential to generate FJD 3.6 million upon full utilization. - The company holds a forestry import license for raw materials, indicating its commitment to sourcing quality raw materials for its products.

Residential apartment project situated in the rapidly growing city of Kurnool, offering a strategic location for residential real estate development due to increasing urbanization and demand for quality housing. - The project has already achieved 25% completion, demonstrating progress towards its final stages. - Development consists of a single building with 15 flats, providing a manageable scale for construction and future management. - The project offers essential amenities including a generator, parking facilities, and CCTV security. - Upon completion, all 15 flats will be available for sale, providing a clear exit strategy for investors with the potential for capital appreciation.

Electrical services provider based in Orlando, Florida, - The company specializes in providing comprehensive electrical services for a wide range of clients, including residential and commercial establishments. - Service offerings encompass all aspects of electrical work, catering to the needs of small to mid-sized projects. - With a successful track record of 20 years in the industry, the business has solidified its position as a trusted electrical services provider in the Orlando area. - It serves a loyal customer base of approximately 50+ local clients, with a strong emphasis on commercial establishments while also catering to the residential segment. - The business has established a strong client base with a notable 99% rate of returning customers, showcasing a high level of customer satisfaction and loyalty. - The company's services extend to a diverse range of establishments including bars, restaurants (including specific mentions of Wendy's and IHOP), and even emergency service requirements, highlighting the versatility of their expertise. - There are 4 permanent employees, additional contract employees are hired on service basis. - Business has electrical contractor license.

Business is involved in providing tours and travel services. - We provide local tours as well as packaged tours abroad. - Our USP is our safari tour. - We have our own website for online bookings. - Business is partnered with different hotels in Azerbaijan, Turkey and Thailand for bookings. - Company owns vehicles for safari tours. - In a month we get 50+ customer bookings. - Our sales got affected due to the pandemic but as the tourism industry is opening again, our sales are also increasing. - We also provide cruise tours and are partnered with dhow cruise. - Business is currently looking forward to expand by building our own tourist-campsite.

Our business is essentially a poultry farm that sells healthy & well-bred chickens to its customers in bulk. - The only poultry animals we are dealing in are chickens. Since about 90 percent of the chickens are male, we do not sell any eggs. - At one given time, we have about 50,000 to 1,00,000 chickens of varied ages being raised at our premises. - We have 25 to 30 clients who are essentially butchers from West Java who purchase these birds from us in bulk. We receive about 15 purchase orders every month. Our business does not indulge in butchering. - Some proceeds from the business loan will also be used to begin our own animal feed manufacturing unit. We will be producing feed for chickens & fish. This will not be a separate business and will be operating under the registered company itself alongside the poultry farm. The proceeds from both lines of operations will go to the registered business entity which is seeking the business loan. - The valuation is based on our own estimate.

Company imports, exports, and retails various consumer goods of Japanese and Bangladeshi origin. - The company deals in products like Japanese green tea and Bangladeshi goods like jute bags and leather items. - We advertise through online ads and local newspapers. - Sales are done through our e-commerce website, and direct selling to retail stores. - Bootstrapped until now with an initial investment of BDT 60 lakh on website, inventory, and registration of the company. - We project revenue of BDT 40 lakh in the coming 6 months, due to an increase in orders.

We have a manufacturing unit in Bangalore to produce medical masks of our own brand. We also trade medical equipment produced by other manufacturers. - Manufacturing capacity is 120 masks per minute. - One of our biggest clients is Indian Railway. Other clients are banks like SBI and corporate and industrial companies that have huge order sizes for medical masks. - We have around 25-30 clients at the moment for this business. - Company is reputed in the market and has goodwill. Promoter has good network of business through involvement in other business lines of textile manufacturing and petroleum products trading. - We own all manufacturing equipment for the business and require a small loan amount to maintain consistent working capital and acquire the rented facility.