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.

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.

The company has succeeded at raising almost USD 20 million in funds for their clients last year and now expect to double the target. - Business offers complete solutions required by businesses. - Typical clients are industries, SMEs, startups. - Company has 10 clients. - Business has been professionally operated for over 5 years by experienced promoters. - Monetization is by charging services fees (not upfront)

Company provides CRM implementation, integration, customization, and data management solutions. - Partnered with leading CRM solution providers including Salesforce, Zoho, Microsoft Dynamics, and HubSpot. - Have 5 high paying clients. - Have an annual growth rate of over 15% - Looking for investment for more aggressive growth in the market.

The business has a vast spectrum of services to offer across different domains creating multiple streams of revenue. The primary source of revenue for the business is through its HR consulting services such as recruitment and organisation restructuring. The HR services contribute towards roughly 60-65 percent of the total revenue. The other important revenue stream stems out of the strategy and process consulting services offered by the business like idea validation and internal audits. The process consulting services contribute to over 30 percent of the total revenue. The business has diversified and hired experts to provide digital marketing and branding services. These services contribute to a little over 5 percent of the total revenue but have massive growth potential. The business caters to over 6 clients in each of the domain of services but the numbers have reduced due to the pandemic. Currently the business has 2 clients each in the HR services and process consulting services domains. The average length of each project undertaken by the business is anywhere from 6 months to 2 years. The payment collection criteria adopted by the business varies from one kind of service to another. A single and complete payment structure for HR recruitment services and a monthly payment structure for other HR services throughout the life of the project. A monthly or a project base payment structure for strategy and process consulting services along with a monthly payment structure for digital marketing services is adopted by the business. Apart from cold calling and online advertising, the business has various other sources to gather work. The business is a member of the Hyderabad Management Association (HMA). The fellow members of HMA provide work opportunities to the business in the domain of HR services via referrals. The member of HMA who provides work opportunities to the business takes up to 20% of the net proceeds as a commission. The business is also a member of Business Networking International (BNI) group. The fellow members of the BNI group provide work opportunities to the business in the domain of strategy and process consulting via referrals but charge no commission for the same. The business also holds a membership to the esteemed Federation of Telangana Chamber of Commerce and Industry (FTCCI). The FTCCI is an important asset for the business as its other participating members provide work opportunities to the business in all three domains (HR, process consulting and digital marketing) in exchange for up-to 20% commission from the net proceeds. The business holds a contract with a firm in Bangalore to provide HR services. The contract has no expiration. The business outsources ERP projects through a collaboration with an ERP vendor in Chennai. For every ERP project undertaken by the business, 70 percent of the proceeds go to the vendor in Chennai and rest of the 30 percent is incurred by the business. This collaboration also has no expiration. The business halted its operations about 15 months back. The investment is required to restart the operations.

Started the firm in 2013 and have authorized distributorship of 10-15 brands for Haridwar, Roorkee and Laksar city. Some of the brands include CP-Plus, Honeywell, Netgear, Dell, iBall, Zebronics. Have tie-ups with 75 dealers out of which 40 dealers buy from us regularly. Business was started with small capital and in 6 year's time, it has grown to INR 1.5 crore turnover firm. We have 50 categories of products to offer. Business owns and maintains INR 25 lakh of stocks at any point of time. Have rented a warehouse and an office.