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Businesses Seeking Loan in Canada

Showing 1 - 9 of 9 Businesses Seeking Loan in Canada. Lend to a Business in Canada.

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Profitable Agriculture Wholesale Company Seeking Loan in Toronto, Canada

Agriculture wholesale company in Canada seeks funds to fulfill existing orders.
- Actively engaged in commodity trading between Kenya and Canada. - Established suppliers in Kenya for current grocery items business. - Strategic plans for expansion into the sugar exporting business with existing orders and suppliers in Brazil and Canada. - Since we have orders in place, paying the interest will not be a problem. - Diversified product range includes passion fruits, tea, and flowers sourced from 15 suppliers. - Promoters bring a collective experience of 17 years to the business. - Successful B2B sales model with 10 clients consisting of grocery stores. - Direct-to-consumer (B2C) sales facilitated through our own retail outlet. - We have an office in Nairobi for the procurement of our goods from suppliers. - Possess import-export licenses in Kenya and Canada, CFIA certification, and business permits for seamless operations.
Agriculture wholesale company in Canada seeks funds to fulfill existing orders.
6.9   Toronto
Run Rate Sales
USD 192 thousand
EBITDA Margin
40 %
Business Loan
USD 3.7 Mn at 15%
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Newly Established Hotel Seeking Loan in Montreal, Canada

Investment company with hotel general contracting experience seeking funds to acquire distressed/unbranded hotels for turnaround.
- General contractor with significant hotel renovation experience and relationships with key subcontractors. - Business seeking to venture into hospitality industry, based in Quebec. - We have identified hotel properties in Ontario and Quebec with 50 to 100 guest rooms, and has existing corporate and leisure demand segments. - Typical purchase price is between CAD 4 to 10 million with an additional CAD 1 to 3 million for renovation & repositioning, where applicable and needed. - The logic behind our concept of acquiring hotel properties is: • Owners are lacking funds to undertake a PIP or repositioning exercise. • Require capital for renovations, rebranding & repositioning. • Located in markets that command a high ADR and occupancy. • Leverage our general contracting experience to do the work at no profit (save 10-20% of total renovation costs) - Holding period per asset would be a minimum of 5-10 years to achieve a potential IRR of between 15-20%, depending on location and market. - Projecting an annual turnover of CAD 2 to 2.5 million in the first year with 10% guaranteed returns. - The business focuses on acquiring and repositioning hospitality assets. We will leverage our existing construction expertise in hospitality construction and market knowledge to achieve stable and above market returns for our investments.
Investment company with hotel general contracting experience seeking funds to acquire distressed/unbranded hotels for turnaround.
7.6   Montreal
Run Rate Sales
USD 3 million
EBITDA Margin
30 - 40 %
Business Loan
USD 1.8 Mn at 10%
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Last Mile Delivery Company Seeking Loan in Calgary, Canada

Supply-chain company enabling underserved SMEs fulfill invoices from manufacturers globally.
The company was established to streamline the supply chain between underserved SMEs and manufacturers. We are seeking equity or debt funding to increase revenue and expand. 1. Company has demonstrated traction and market fit and successfully completed USD 43m+ in trade settlements. 2. We have waitlisted customers that are willing to patronize the service once funding is finalized. 3. Funding will be used for expansion liquidity and float purposes to settle invoices with manufacturers. 4. We cater to the African market with a huge potential estimated market share of USD 1B. 5. We generate revenue by charging a 1% fee on every transaction. 6. Business has around 500 manufacturers and retail clients with increasing demand. 7. We onboarded new clients and expanded to other regions which resulted in growth in sales. 8. Our business model is very lean. Operating costs are minimal. 9. Business has 5 permanent employees and many other temporary staff.
8.9   Calgary
Run Rate Sales
USD 170 million
EBITDA Margin
20 - 30 %
Business Loan
USD 7 Mn at 20%
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Factoring Company Seeking Loan in Barrie, Canada

Seeking Loan: Factoring and supply chain financing business catering to credit-worthy companies.
We provide factoring, and supply chain financing services to credit-worthy companies. With a solid history of success and growth and nearly a decade of financing high-growth companies, we are looking to capitalize on new funds to assist with our growth and the requests from new and existing clients for increases in their capital availability. We are catering to companies that the banks are neglecting. Revenue is generated by charging interest rates for invoice lending. Operating the business with a limited number of permanent employees and temporary staff.
7.2   Barrie
Run Rate Sales
USD 1.7 million
EBITDA Margin
26 %
Business Loan
USD 7 Mn at 7%
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Wellness Retreat Seeking Loan in Temiskaming Shores, Canada

Land development, restoration, construction company seeks funds for a healthcare recovery centre.
Company specializing in land development, restoration and construction. We work on commercial and residential projects. We have completed many projects in the past. Business with over 25 years of construction background. Business has three subdivisions under development for new revenue streams. Secured Canada's largest abandoned mansion and will be purchasing soon. Mansion Impossible reality series secured for this year's filming and production. We will convert the mansion into a healthcare recovery center. We will produce a reality TV documentary about the entire construction process to generate additional revenue. Depending on the project, we hire contractors and laborers for work. Business owns many properties as we are into construction. We seek funding for a specific project and we will clear the loan from the operations.
Land development, restoration, construction company seeks funds for a healthcare recovery centre.
6.8   Temiskaming Shores
Run Rate Sales
USD 3.6 million
EBITDA Margin
21 %
Business Loan
USD 3.3 Mn at 7%
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Serviced Apartment Seeking Loan in Toronto, Canada

Company dealing in international student housing, located in Canada and Kerala seeks a loan.
- We are an international student housing company. We provide our services to international students from India who wish to relocate to Toronto, Canada. - Our business model is to rent a house for 2,500$ from the property owner and sub rent it room by room for international students for 3,500$. From a single student, we make a revenue of 1,000$. - Our company is incorporated in Canada and is a private limited company, but we are a sole proprietorship in India. - One of the partners is handling business in Canada. - Planning to build a back-office team in Kochi, Kerala. - Currently, we have around 55 properties in Canada. Each property can accommodate 5-8 students. - There are 3 intakes every year and we acquire 25 properties every intake. - Our objective is to have a network of 200 homes all around Ontario by next year. - Our sales were reduced last year due to Covid. As the restrictions are reducing and colleges are re-opening, we expect to generate a high revenue every month.
7.8   Toronto
Run Rate Sales
USD 900 thousand
EBITDA Margin
15 %
Business Loan
USD 70 K at 15%
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Job Portal Seeking Loan in Ottawa, Canada

Online video resumes and live interviews platform, looking for funds to market and expand.
- We have an amazing platform, head Quartered in Canada with a focus on recruiting talent from Bangladesh. - We are designed to help talent acquisition teams to hire better quality candidates faster, while also decreasing the time they spend on screening candidates by 50%. - Through our website, the hiring teams can switch from traditional ways of interviews to video interviews. -Candidates can choose to answer from a pre-set pile of questions and employers can quickly evaluate their video interview. - Our revenue model is subscription based and we have paid plans for 1 month, 6 months, and 1 year subscriptions with different prices. - Woman owned businesses making an impact. We plan to expand within the next 3 years to other countries. - We have not started the operations yet but our current focus is to expand the business to Bangladesh and begin operations in Canada and Bangladesh shortly. - Our payment portals will be ready to operate by the end of this month and we are planning to launch operations by the end of this year.
6.2   Ottawa
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 14 K at 5%
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Healthcare Services Business Seeking Loan in Calgary, Canada

Business planning to provide physical fitness and mental health improvement services.
- Newly incorporated business in the process to start body and mind fitness center in Calgary. - We would provide complete physical and mental fitness services with chiropractors, massage, fitness professionals, counselors. - We have designed programs for human development, creating a healthier lifestyle for individuals and help them to fight anxiety and depression. - Have already purchased the necessary tools and equipment. - Promoter has more than 10 years of experience in this filed. - Business owns furniture and equipment.
7.4   Calgary
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 70 K at 10%
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Gold Mining Business Seeking Loan in Yukon Territory, Canada

Gold mine acquired on lease for 10 years seeks funding to start operations.
- Business wants to operate in gold mining. -The mine is on lease for 10 years taken from the Govt. of Yukon. - There are 156 virgin claims which will take around 60 years to get over. - First 50 claims are drilled tested and has potential of 93.000 crud ounce of gold. - We have also found silver minerals. - Have few service machines to carry out the operations. - We need to buy machinery to start the company in a proper form. - All the machinery will cost around CAD 2 million. - Expected to generate a revenue of CAD 7,25,000 at the end of first year.
Gold mine acquired on lease for 10 years seeks funding to start operations.
7.1   Yukon Territory
Run Rate Sales
USD 6.3 million
EBITDA Margin
50 - 60 %
Business Loan
USD 3 Mn at 25%
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Frequently
Asked
Questions

  • How many businesses seeking loan in Canada are listed on SMERGERS?
    There are 9 active and verified businesses seeking loan in Canada listed on SMERGERS as of 23 April 2024.
  • What level of due diligence does SMERGERS conduct on the businesses/member?

    SMERGERS scrutinizes all profiles and only features a select group of businesses, investors, advisors that meet a basic requirement. When required, certain members may have submitted some form of proof …read more

  • How active are the business profiles listed on SMERGERS?

    We regularly filter out businesses which are inactive or have already closed a transaction. Typically, if the business is actively looking to sell/raise capital, the status is shown in green.

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  • Should you buy an existing business or start a business from scratch?

    Buying an existing business is generally an easier way to start a business with an immediate head start. It saves valuable time and administrative efforts, considering starting from scratch is …read more

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