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Truck Rental Businesses Seeking Loan

Showing 1 - 2 of 2 Truck Rental Businesses Seeking Loan. Lend to a Truck Rental Business.

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Truck Rental Company Seeking Loan in Buea, Cameroon

Company involved in supplying earthmoving machinery and related equipment to Africa on rent.
- Business is involved in offering services such as bush clearing, passage making from one village to another (i. e. road works), building foundations for individuals villas & others, clearing of the sandpit. - Our company has worked on government maintenance projects and individual business projects. - We have offices in Africa. - We seek a loan to expand our business and buy upgraded machinery and the capital that we require is US$ 1,000,000.00 [i. e. USD one million]. - This amount will be repaid in five years @ 15% profit per annum. - Utilisation of the funding will be as follows: approximately 75% will be used for the procurement of good quality earth moving machines, water tankers & trucks and, 4% will be used to refurbish /overall service and up-gradation of existing earth moving machines, while the remaining 21% will be used for working capital, which includes clearing costs for the machines' arrival at the destination.
Company involved in supplying earthmoving machinery and related equipment to Africa on rent.
8   Buea
Run Rate Sales
USD 1.5 million
EBITDA Margin
40 %
Business Loan
USD 1 Mn at 10%
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Truck Rental Company Seeking Loan in Bangalore, India

Bangalore-based business which provides logistics solutions to customers is seeking a business loan.
- This business provides trucks for logistics purposes for customers. However, these trucks are hired from third parties and provided to customers. - Some clients are Aramex, Gati, Xpressbees, Delhivery, and Shadowfax. - Promoter has 7 years of experience in logistics.
7   Bangalore
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 2.4 K at 10%
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    There are 2 active and verified truck rental businesses seeking loan listed on SMERGERS as of 25 April 2024.
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