Motorcycle Parts Businesses Seeking Loan

Established 7 years ago with a specialization in fuel injection (FI) motorcycle technology. - Operates a network of 8 branches across Mindanao and Cebu. - Serves an average of 5 customers per branch per day. - Average customer spend is approximately PHP 1,200 per service visit. - Utilizes specialized FI diagnostic equipment to provide accurate repair and maintenance services. - The number of employees is distributed across the 8 operating branches. - The business does not hold any licences or certifications. - Generates revenue through motorcycle repair, diagnostics, and maintenance services for fuel-injected motorcycles. - The owner plans to expand by opening new outlets across multiple locations and is seeking a loan to fund the expansion, rather than using internal funds, as the internal funds have been used to set-up the previous locations in the current year. This created a higher growth rate from previous year. - The business operates across 8 locations with 6 to 7 employees in each for FI services, cleaning and diagnostics services.