Businesses Seeking Loan

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.

We provide various services to customers through professionals who have tie-up with us. - We have over 1,000 professional tied-up with us like teachers, photographers, beauticians and wedding planners. - We serve 40+ customers on a monthly basis and the enquiry are majorly received through our website and we have a strong database of 3,000 satisfied clients. - Promoter has an industry experience of 8 years.

We are one of the fastest growing company in this sector. - Have current huge project with IOCL. - Working for biggest crude oil tank in India in Jamnagar, Gujarat. - The project is worth at Rs. 9.5 crore. - We are also in talks with HMEL for new project. - Company has already executed a project to install 12 storage tank in Mundra. - Company generates revenue through bill on monthly basis but the processing time is very long so we are looking for loan to pay for our imported product.

We are planning to target inbound clients who are visiting India. - Our website has a big potential to get customers online. - We are also planning start as B2C than go B2B and reach out travel agents abroad. - Targeting all English speaking counties.

Agricultural commodity trading business specializing in various varieties of rice. - It has been operational for the past 8 years. Its founder initiated this venture with the intention of gaining insights into the rice industry, with the ultimate objective of establishing a manufacturing plant. - After thorough negotiations with a bank, we have secured an old plant for INR 10 crore, comprising a selling price of INR 9 crore and INR 1 crore in liabilities such as land revenue. - This plant possesses the capability to process and manufacture 120 MT of rice daily. However, it requires renovation, estimated at INR 15 crore, which is anticipated to take a minimum of 6 months post-acquisition. - Recognizing a significant market void for an organized brand offering regional rice varieties, the founder has identified a promising opportunity. Notably, major players like Adani Wilmar are also seeking entry into this segment. - With the founder boasting 8 years of experience in managing this enterprise and a total of 20 years in the rice industry, the groundwork is laid for a compelling venture. - We are MSME, GST and FSSAI registered.

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.

The business operates in the Facility Management and Manpower Security industry, with a focus on providing top-class protection services. - Located in Lucknow, the company currently has 6 employees and offers services such as security guard deployment and housekeeping to meet the needs of its clients. - With 3 active clients and 15 contract employees, the business has established itself in the market and has tied up with residential apartments to provide its services. - The company hires security and housekeeping personnel on a contractual basis. - The company generates an average of INR 2,000 per service deployed, indicating a steady revenue stream and potential for growth. - The business's focus on providing security and housekeeping services aligns with the growing demand for professional and reliable manpower in the industry. - The company's presence in Lucknow provides a strategic advantage, allowing it to tap into the local market and potentially expand its services to neighboring areas. - With a strong emphasis on top-class protection, the business is well-positioned to capitalize on the increasing need for security and facility management services in the region.

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.