Businesses Seeking Loan

Exclusive distributor of industrial ladders and mobile ladder systems in the Middle East. - We source the products from 2 major brands in the USA and India and store and ship the products from our warehouse in Sharjah. - For more than 6 years, our company has been synonymous with continuous supplies in the fields of access solutions & special constructions in the Middle East. - With a wide range of climbing systems, we offer our customers products and services that set standards in safety, durability, and ergonomics. - Our products combine the multiple benefits of the light metal material aluminum such as high stability with low weight, corrosion resistance, and flexibility of use. - We have the right product for every need and also offer customized solutions, regardless of whether these are for the service, trading, skilled trades, or business sectors, or for private applications. - We supply our products to major retailers of construction materials, and building and construction companies. - Have 20-25 regular clients including domestic clients and clients from Oman and Bahrain. - Majority of our revenue is generated from domestic clients (65%) followed by exports to other Middle East countries (35%). - Our customers benefit from the quality, image, and above all from the comprehensive service that supports them for many years after the purchase of our high-quality safe products. - Owner resides in India, while the company and its operations are based in Sharjah, UAE. The operations are handled by the management team based in Sharjah. - The monthly revenue is dependent on the volume of orders and not on the number employees.

1. Strategic Location: The guest house leased land is situated on a local island in the Maldives, offering a unique and tranquil experience for tourists seeking an authentic Maldivian adventure. 2. Diverse Offerings: The business will provide accommodation services along with a range of water sports and diving activities, catering to the interests of adventure-seeking tourists. 3. Solo Entrepreneurship: The business is operated by a single entrepreneur, streamlining decision-making processes and ensuring a focused operational approach. 4. Investment Opportunity: The business is seeking funding for the guest house project, presenting an opportunity for potential investors to participate in the development and operation of the facility. 5. Beachfront Property: The guest house land boasts a prime beachfront location, offering picturesque views and a serene environment for guests to enjoy. 7. Unique Selling Proposition: The guest house's emphasis on local island experiences, coupled with its water sports and diving activities will set it apart from traditional resort offerings in the Maldives.

Seeking senior secured lender on a $1.5 million short-term commodity trade finance facility for a Turkish tobacco trader. - Each deal amount is approx $750,000 on shipment of tobacco leaves from India to Antwerp, Belgium. - Up to 2 deals may overlap but cannot exceed $1.5 million in aggregate. - Each deal is for a total duration of approx 60 – 90 days and is on an uncommitted, transactional basis and continuously recurs. - Each deal is comprised of 2 phases. First phase is voyage finance from India load port to a warehouse in Antwerp, Belgium for a duration of up to 60 days. - Second phase is warehouse finance in Antwerp, Belgium for a duration of up to 30 days. - Shipped tobacco is pledged as collateral to the Lenders. - Senior secured lender to provide 85% of each loan. - The company will provide 15% of each loan as a junior secured lender and document the agreements and book/administer the loans. Senior lender interest rate is SOFR + 12%pa. Current SOFR is approx 5.35%pa. Thus, all in rate is 17.35% pa (=12% + 5.35%) currently. - There will be a floor SOFR of 3.5% pa. - Established 16 years ago and headquartered in Istanbul, Turkey, promoter is a tobacco producer and trader. The company has over 120 employees of which 30 employees are in Turkey. - There are 100 clients, globally located but most of them are in Europe. - The company has 7 years of strong relationship with the Indian supplier, ITC. Purchases 4 - 5 shipments from ITC every year with satisfactory performance on quality and quantity. - Company's total assets are $4.5 million, and annual sales are $2.8 million. - The promoter is New York based and is currently in Tokyo, the business is headquartered in Istanbul.