Businesses for Sale and Investment Opportunities in Andalusia

- 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.

- Have catered to 1,800 clients. - Between EUR 30k - 50k per month in sales generated from operating on a part-time basis due to the owner living in the UK and having other clinics Internationally. - Multi Award Winning. - Well-known clinic operating for many years with a big social media following. - The owner travels to and fro to manage the business operations.

- Custom web and mobile app development company with an international focus. - We offer our own SaaS products for SEO and web development and also offer solutions tailored to client's requirements. - Have ongoing contracts with 3 large UN organizations as well as completed projects for other UN organizations. - Have SMB clients with ongoing work in Scandinavia and North Europe. - Revenue Split - 70% of our revenue is from custom-tailored solutions and 30% of the revenue is from SaaS products. - Business is based in Granada, Spain and all employees operate remotely.

- We receive around 15 orders daily. - Over 12 different brands are listed on the website. - We are working with 3 external freelancers who help with the operations. - The promoter has over 30 years of experience in the fashion industry.