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Scrap Metal Businesses Seeking Loan in San Fernando

Showing 1 - 1 of 1 Scrap Metal Businesses Seeking Loan in San Fernando. Lend to a Scrap Metal Business. Listed by Direct Business Owners & Business Brokers.
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Scrap Metal Business Seeking Loan in San Fernando, Trinidad

San Fernando-based scrap gold trading business exporting to a U. S. refinery, seeks funding.
Based in San Fernando, Trinidad, this business specializes in trading scrap gold, leveraging a strong local presence to source materials efficiently. - The business purchases scrap gold from over 70 local scrap suppliers in Trinidad, and exports it to a licensed U. S. refinery, where the purity of the gold content is measured and paid according to market prices. - Operating with a lean, asset-light operation, the owner is the only employee, and manages all aspects without holding inventory; logistics and sourcing are outsourced to minimize overhead costs. - Supply frequency: twice weekly, with shipments' volume averaging approximately 250–350g per week. - The business boasts a weekly turnover of approximately $14,000 USD, offering 5-6% monthly returns on investment for stakeholders. - The business is led by a knowledgeable owner with extensive experience in gold trading and investor relations, enhancing credibility and trust. - Collaborations with a reputable U. S. refinery (UPRM) and a growing community of local scrap suppliers bolster the business’s operational efficiency and market presence. - Sales have seen a significant uptick this year compared to last year, driven by increased shipment frequency, reinforcing the company's reliability and momentum in the market. - Registered in Trinidad and Tobago, the business holds a jeweler's license, ensuring legitimacy and adherence to regulatory standards within the gold trading sector.
6.9   San Fernando
Run Rate Sales
USD 672 thousand
EBITDA Margin
6 %
Business Loan
USD 100 K at 9%
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Scrap Metal Business Seeking Loan in San Fernando, Trinidad

San Fernando-based scrap gold trading business exporting to a U. S. refinery, seeks funding.
Based in San Fernando, Trinidad, this business specializes in trading scrap gold, leveraging a strong local presence to source materials efficiently. - The business purchases scrap gold from over 70 local scrap suppliers in Trinidad, and exports it to a licensed U. S. refinery, where the purity of the gold content is measured and paid according to market prices. - Operating with a lean, asset-light operation, the owner is the only employee, and manages all aspects without holding inventory; logistics and sourcing are outsourced to minimize overhead costs. - Supply frequency: twice weekly, with shipments' volume averaging approximately 250–350g per week. - The business boasts a weekly turnover of approximately $14,000 USD, offering 5-6% monthly returns on investment for stakeholders. - The business is led by a knowledgeable owner with extensive experience in gold trading and investor relations, enhancing credibility and trust. - Collaborations with a reputable U. S. refinery (UPRM) and a growing community of local scrap suppliers bolster the business’s operational efficiency and market presence. - Sales have seen a significant uptick this year compared to last year, driven by increased shipment frequency, reinforcing the company's reliability and momentum in the market. - Registered in Trinidad and Tobago, the business holds a jeweler's license, ensuring legitimacy and adherence to regulatory standards within the gold trading sector.
6.9   San Fernando
Run Rate Sales
USD 672 thousand
EBITDA Margin
6 %
Business Loan
USD 100 K at 9%
Contact Business
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