Furniture Businesses Seeking Loan in Male

Company offering customized wooden furniture, based in Male. - Our products include cupboard, racks, dressing table, doors etc. - Majority of our clients are residential, we also get a few commercial orders, who are retail stores, restaurants etc. - We get ~ 30 to 40 orders per month. Average order value MVR 4 k to 5k. - Additionally, we also provide supply boat services which we supply construction materials to resorts in islands. - We don't get these orders on a monthly basis, but average order value is MVR 150k. - Our turnovers for this year have dropped compared to last year because one of our fully loaded supply boat hit a reef and we lost almost MVR 500,000 worth goods and total loss above MVR 1 million, which caused a total business shut down for more than 2 months. - However, due to the incurred loss, we couldn't take up supply boat orders, as we don't have the working capital.

Company offering customized wooden furniture, based in Male. - Our products include cupboard, racks, dressing table, doors etc. - Majority of our clients are residential, we also get a few commercial orders, who are retail stores, restaurants etc. - We get ~ 30 to 40 orders per month. Average order value MVR 4 k to 5k. - Additionally, we also provide supply boat services which we supply construction materials to resorts in islands. - We don't get these orders on a monthly basis, but average order value is MVR 150k. - Our turnovers for this year have dropped compared to last year because one of our fully loaded supply boat hit a reef and we lost almost MVR 500,000 worth goods and total loss above MVR 1 million, which caused a total business shut down for more than 2 months. - However, due to the incurred loss, we couldn't take up supply boat orders, as we don't have the working capital.