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.

We are a food wholesale business. - We have been operational for 4+ years. - Import products from India and sell them to distributors in Qatar. - Have registered as a supplier in major stores. - Have 30-35 clients and each of our clients has 7-8 outlets. - Products are procured from 13-15 vendors located in Tamil Nadu, Kerala, and Karnataka. - Have excellent procurement capability and a strong business network. - Promoters have 4+ years of experience in the industry. - Business has a registration certificate.

We are a men's and women's apparel store. - We sell our products through our website and through other retail stores. - Receive 25-50 orders weekly from our online store and the retail orders depend on the sales they have made. - We generate equal revenue from both verticals. - Have 5+ apparel stores that sell our products. - The products are designed in-house and the fabric is cut by our team while the stitching is done by a third party. - Have around 10 designers working with us for the past 4 years and our services are recognized for quality finished products. - We need more employees as we design and cut the fabric on our own. - Promoter has 10+ years of experience in the industry. - The business has a registration certificate.

Business startup focused on fire prevention for residential and commercial users in Chaguanas. - Primary products include fire sprays, fire extinguishers, and smoke alarms and offering training and education on fire prevention and equipment. - Target clients are residential home and car owners. - The business plans to procure stock from at least 4 foreign manufacturers located in the USA and China. - The retail store is projected to serve an average of 50-100 clients daily with an expected turnover of TTD 45k/month. However, the business is currently not operational due to a lack of funding. - The business aims to partner with building contractors, electrical contractors, and insurance companies to carry out the mission of fire prevention for residential owners.

Company plans to establish a petrol bunk in Selangor. - Promoters bring 3 years of industry experience. - Location for petrol bunk identified. - Licenses, including SSM, secured. - Will cater to both 4 wheelers and 2 wheelers. - Intention to franchise with a major petroleum player. - Estimated setup time: 3-6 months. - Anticipated annual revenue: MYR 900,000. - Since we have done our research and expect to start revenue soon, we will be able to fund the interest from our revenue. - Future expansion into sugar and petroleum trading planned.