Businesses Seeking Loan

Located in Port Moresby, the business is set to operate in the chocolate and confectionery industry and will have a small team of 5 employees engaged in the downstream production of cocoa chocolate bars in various sizes and weights. - The business plans to sell cocoa chocolate bars to local supermarkets in the country while also targeting international markets for future expansion. - Alongside its focus on local and international markets, the company intends to export its products. - In the future, the business aims to diversify its product line by including vanilla essences. - The business will source its raw materials from Rabayul and aims to produce between five to seven metric tons of raw products per day at the outset. - The business possesses all the necessary registrations, including incorporation documents and land titles for commercial use, among others.

Startup focused on providing taxi and rental services, currently in pre-revenue stage. - The company aims to cater to the transportation needs of both local residents and tourists. - The business model involves B2B contracts with corporate clients, indicating a focus on corporate partnerships. - The company has conducted online surveys and market research to identify the demand for vehicle rentals and has identified a potential supply-demand gap in the Barbadian market. - The projected annual sales are in the range of BBD 90-120, positioning the company for potential growth in the coming years.

Startup focused on providing taxi and rental services, currently in pre-revenue stage. - The company aims to cater to the transportation needs of both local residents and tourists. - The business model involves B2B contracts with corporate clients, indicating a focus on corporate partnerships. - The company has conducted online surveys and market research to identify the demand for vehicle rentals and has identified a potential supply-demand gap in the Barbadian market. - The projected annual sales are in the range of BBD 90-120, positioning the company for potential growth in the coming years.

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.

Hemp industrial processing business start-up is based in Brescia, Italy. - The company plans to offer a diverse range of products, including hemp fiber for the textile industry and bio plastics for automobiles in addition to construction and paper packaging material. - Focused on circular economy initiatives, with plans to utilize the waste part of the hemp for construction and green energy production, including hydrogen. - The company has already secured contracts with major clients, including Ferrari for Formula 1 cars, and luxury textile brands such as Hermes, Chanel, and Armani. - Additionally, they have established solid relationships in the UAE, USA, and Italy, indicating a strong international presence and market access. - The company's core product, hemp, naturally absorbs CO2, offers fireproof and waterproof properties, and is known for being antibacterial, durable, and resistant. - Furthermore, the company is involved in carbon sequestration and land decontamination, emphasizing its commitment to environmental sustainability. - The promoter is currently in Luxembourg but the business is established in Brescia, Italy.

The business creates AI-powered advertisement videos, enhancing business marketing through high-quality, efficient, and collaborative solutions, and is based in Colombo, Sri Lanka. - Currently, we are in the development stage, with a focus on acquiring small to medium-sized businesses as clients upon product launch. - We are in the process of establishing strategic partnerships with industry leaders for beta testing and market entry. - We are also planning to hire a top marketing company in the USA to enhance market penetration and brand recognition. - Revenue Model: * Subscription Plans: Offering tiered pricing based on the level of customization and features. * One-Time Service Fees: For clients who prefer project-based engagements. * Customized Packages: Tailored solutions for larger campaigns and long-term projects. - We have plans to participate in industry competitions and seek awards for excellence in video production technology as the product matures. - Promoter Experience: The Founder is an AWS-certified solutions architect with extensive experience in IT and AI technologies. His expertise drives the innovative approach of company products. - We are a duly certified company with all the necessary certifications and licenses. - The business has not generated any revenue as of yet and has started its operations this year.

The business trades packaged canned foods. - It operates on an order basis. - It sells to retailers and supermarkets in the area and has tie-ups with 8-10 of them. - Imports the goods from outside. - The business has a valid commercial license.