Businesses Seeking Loan

Building contractors specialize in small office spaces and affordable housing, catering to both commercial and residential sectors. - Engaged in comprehensive building project services including blueprint design and civil engineering. - Based in Kingston, the company serves a strategic market area with potential for growth in the real estate and construction industries. - The business typically undertakes 1-2 projects per year, allowing for focused attention and quality execution on each project. - Average project duration exceeds one year, indicating a commitment to comprehensive planning and construction timelines. - Currently engaged in a significant project involving the development of commercial retail units and residential units across a 2-acre land parcel. - The firm has established relationships with two clients, primarily consisting of real estate and construction companies. - The promoter possesses a Master’s degree in Architecture. - In addition to construction services, the business supplies concrete blocks on a smaller scale. - The business needs 2 permanent employees to run the business operations, who are also contractors.

Building contractors specialize in small office spaces and affordable housing, catering to both commercial and residential sectors. - Engaged in comprehensive building project services including blueprint design and civil engineering. - Based in Kingston, the company serves a strategic market area with potential for growth in the real estate and construction industries. - The business typically undertakes 1-2 projects per year, allowing for focused attention and quality execution on each project. - Average project duration exceeds one year, indicating a commitment to comprehensive planning and construction timelines. - Currently engaged in a significant project involving the development of commercial retail units and residential units across a 2-acre land parcel. - The firm has established relationships with two clients, primarily consisting of real estate and construction companies. - The promoter possesses a Master’s degree in Architecture. - In addition to construction services, the business supplies concrete blocks on a smaller scale. - The business needs 2 permanent employees to run the business operations, who are also contractors.

Food distribution for Mccain, Nestle, Milky Mist, Venkys, Delmonte, Veeba, and Gowardhan. - We supply only to HORECA businesses in the Satara district as of now. - Have about 95 small clients (cafes, restaurants) and about 28 big clients (4-star hotels and resorts). - The big clients enjoy a 30-45 day payment period. - We want to expand to 3 more districts and need funds for this expansion. We want to target big clients and thus would need working capital.

Selling granite blocks, temple stones, granite slabs, and custom granite artifacts to customers in Andhra Pradesh and the rest of India. - Currently employing 20 people and processes 200-250 cubic meters of stone every month. - Supplies temple stones to a factory for further processing for construction. - Also used in tombstones. - Pre-Covid had lot of exports which is not the case for the last 3 years. Recently restarted our export activities to China. - Business enjoys a high operational and net profit margin similar to other players in the industry.

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.

Manufacturer and wholesaler of apparel. - Currently, the company has paused its manufacturing operations and is solely focusing on wholesale distribution of its products. - The maximum monthly production capacity of the business stands at 10,000 pieces, indicating the potential for scalability and meeting increased demand. - Company primarily supplies its products to four states - Jammu & Kashmir, Punjab, and Delhi, and UP (Lucknow) showcasing a regional market presence and distribution network. - Business holds several certifications and forms, including a GST certificate, O Form, C Form, ISO certificate, GRC certificate, and a US Patent for some product designs, demonstrating compliance and intellectual property protection. - The company currently employs 30 full-time staff, including factory workers, reflecting a structured workforce to support its operations.

The business primarily supplies high-quality steel and finished steel products such as pipes, serving major contractors and government agencies involved in construction and maintenance projects across Mumbai. - Positioned strategically within the Iron & Steel sector, the company caters to growing demands for infrastructure development by supplying robust steel materials essential for various government-related initiatives. - The business leverages its local presence and relationships with contractors to sell its products. - With a lean team of 4 employees, the business efficiently manages operations to supply to large-scale projects, demonstrating strong operational capabilities in the steel supply chain. - Last year, the company diversified its service line by offering manpower supply for specific projects, showcasing adaptability and resourcefulness in meeting client needs. - The primary focus on steel-related products has cemented its reputation as a reliable supplier to contractors servicing public sector undertakings, particularly in construction and maintenance sectors. - It holds a GST certificate.

Business that supplies more than 12 Panamax/month (50,000 to 80,000 deadweight tons) for power plants in Malaysia, with profit minimum 15% per transaction for first contract and it can be expanded until 44 Panamax/month, - Secured long-term contract for 6 more years for the supply of 10 million tons of steam coal per annum, ensuring revenue stability. - Strategic operations based in Central Jakarta, tapping into Southeast Asia's growing energy sector. - Focused exclusively on steam coal trading tailored for power plants in Malaysia, targeting a robust market demand. - Experienced workforce comprising 15 dedicated employees, facilitating streamlined operations and customer relations. - Positioned to capitalize on the increasing energy needs in the region, reinforcing long-term growth prospects.

Websites, mobile apps and a software development company. - Have successfully completed 25 projects till date. - 2 projects were done for international clients and rest of the projects were for Indian clients. - Our facility has 10 workstations. - Promoter has more than 8 years of experience in this industry. - Business owns furniture, computers and office supplies.