Construction Material Wholesale Businesses Seeking Loan in Hong Kong Island

• The company is a construction material wholesale company based in Hong Kong, trading since the previous year under the umbrella of a well-established main company that has been in business for the past 24 years. • Business specializes in cement raw materials, including cement, clinker, gypsum, limestone, bf slag, pozzolana, stone aggregates, fly ash, coal, fertilizer, and iron ore. • Company sells CFR and charters its own vessels. • 1 to 2 shipments per month. • Each shipment ranges from USD 600,000 (HKD 4.7 million approximately) to USD 3 million (HKD 23.5 million approximately), focusing primarily on the Asian market. • A team of 15 across regional entities to manage on-the-ground operations of shipments,  with sales all booked through Hong Kong. • The company is looking for financing lines due to being operative for 1.5 years,  and not yet being eligible for bank facilities which require 3 years of operations. • Cash turnaround per shipment is approximately 21 days,  allowing for efficient utilisation of funds.

• The company is a construction material wholesale company based in Hong Kong, trading since the previous year under the umbrella of a well-established main company that has been in business for the past 24 years. • Business specializes in cement raw materials, including cement, clinker, gypsum, limestone, bf slag, pozzolana, stone aggregates, fly ash, coal, fertilizer, and iron ore. • Company sells CFR and charters its own vessels. • 1 to 2 shipments per month. • Each shipment ranges from USD 600,000 (HKD 4.7 million approximately) to USD 3 million (HKD 23.5 million approximately), focusing primarily on the Asian market. • A team of 15 across regional entities to manage on-the-ground operations of shipments,  with sales all booked through Hong Kong. • The company is looking for financing lines due to being operative for 1.5 years,  and not yet being eligible for bank facilities which require 3 years of operations. • Cash turnaround per shipment is approximately 21 days,  allowing for efficient utilisation of funds.