Construction Machinery Businesses Seeking Loan

- 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.

- Business selling construction machinery and heavy vehicles such as dozers, loaders, excavators, pavers, compactors, dumpers, trucks. - Local banks keep their repossessed machinery and vehicles at our facility. At any given time the bank would have 100-300 assets at our facility. - We purchase some of the repossessed heavy vehicles from banks and we also import new vehicles from other countries. - We complete 300-400 deals each year. This includes 130-140 deals for machinery and trucks, plus 150-250 deals for attachments and accessories. - 70% of the products we sell are exported to USA, South America, Vietnam, Thailand and European countries. - Have a database of more than 2,000 customers. - Business has a professional team of salesmen who are working with the company since day one.