Agriculture Wholesale Businesses Seeking Loan

- 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 an agriculture product wholesale business. We sell products under our brand name. - The products are either packed by our vendors or by our company. - The packing capacity of the business depends on the product and the package size. - Our products are sold in 6 states that are Odisha, West Bengal, Bihar, Uttar Pradesh, Maharashtra, and Delhi. - Have a network of 30 vendors from whom we procure the products. - We assign a manager in each state who takes care of procuring orders and onboarding clients as well as maintaining the distribution network. - We are in the process of signing third-party contacts for pickles to be sold under our brand name. - The sales of the business have been impacted by the lack of funds. - We have a large number of employees as we need a lot of people for packaging and also for marketing operations. - Promoter has 3.5 years of experience in the industry. - We have FSSAI, GST, and barcode licenses.

- 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.

- We import baby fish from Kolkata and sell it to clients. We have around 200 clients all over Maharashtra who buy our fish. - We have 4 to 5 cars of friends in business, which we use to provide cab service to domestic and all India tours. We have around 60 clients in this business segment. - Both our businesses contribute to revenue equally. - We have 4 employees to efficiently manage the business. - The owner has been in this business since 2014. - Business has a Registration certificate.

- We are importers and exporters of agricultural products. - We deal in coffee beans, yellow maize, black pepper, and yellow corn. - Products are imported from Pakistan, Brazil, and Argentina. - Have 6 suppliers in Pakistan and the number of suppliers in Argentina and Brazil depends on the cost of the products. - The products are sold in Vietnam. We sell coffee, yellow maize, and corn in Europe, Laos, Thailand, and Cambodia, and black pepper is sold in Iran. - We import 250 tonnes of maize, corn and pepper, and 25 tonnes of coffee. - Our domestic clients include companies engaged in manufacturing animal feed, a coffee processing plant, and other wholesalers. - The sales of the business were low last year as it was the first year of operations. - We require only a few employees as we are still working with a smaller amount of products. - Promoter has 3 years of experience in the industry. - We have a registration document.

- One of the largest corporate entities in the Maldives. - An established entity with an excellent reputation both at home and overseas. - The company primarily trades the goods and earns from the difference between buying price and selling prices. - The company also buys from local fishermen and exports their product to the global market.

- Agricultural products supplier, based in West Bengal. - Business is B2B. - Have 15 to 20 clients, who are from food processing industries, based in West Bengal, UP and Bihar. - We supply once in 3 months. - Average supply value is INR 5 to 10 lakhs. - Products are sourced from local farmers. - Business has MSME an ITR registration.

- We want to begin an agricultural trading business. - Currently, we are in talks with local farmers to supply us with premium bananas and raw tobacco. - We are planning to sell it to businesses and local markets in Indonesia and outside the country. - All licenses will be obtained after funding, currently we only posses a business license. - Owner has previous experience in the field. - In talks with Indomaret and Alfamaret for an MOU to supply in their chains.

• Agro wholesaler and export company that is research-driven and located in Pune. • Company specializes in supplying premium-graded agro products. • Products include food grains, fresh vegetables, fresh fruits, and more. • Products are made to adhere to stringent industry-laid standards and quality inspections. • Adheres to ethical business policies while carrying out operations. • Quality managers combine system monitoring with lab testing to ensure product quality. • Wide distribution network to deliver products to clients across borders.