Conveyor Businesses Seeking Loan

Niche conveyor chain manufacturing and supply start-up based in Bangkok. - Will be supplied to automotive and glass bottle manufacturing companies, with a focus on clients such as BMW, Coca-Cola, OI Glass, and Bangkok Glass. - Recent market consolidation has left the industry with only one major supplier, creating an opportunity for new players to enter the market and capture market share. - The promoter is a Vice President of the largest company in US making this product and has a strong background in the industry and aims to leverage their expertise to spearhead the manufacturing operations, along with a team of experienced professionals from the same company. - The company estimates annual revenue in the range of 8-10 million USD, with a robust EBITDA margin exceeding 28%, indicating strong potential for profitability and growth. - The business owner is currently based in the USA, but the business is established in Thailand.

The company is located in Moroni and specializes in trading and production of conveyor belt accessories and parts. - The flagship product, the belt saver, is the first of its kind in the industry, designed to efficiently address mistracking conveyor belts. - Currently production is not in-house, planning to start our own production in the future. - The belt saver attaches to the shaft of a tail pulley, providing a temporary fix to prevent belt sliding and associated production issues. - The product is suitable for anyone with a conveyor belt, offering various sizes to accommodate different shaft and tail pulley dimensions. - In addition to the belt saver, the company also offers belt repairs and screen changing services. - The owner of the company has a background in belting and mining, bringing relevant industry experience to the business. - The company's offerings are positioned as temporary solutions to keep production moving forward, rather than permanent fixes for conveyor belt issues.