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Established Hospitality Contract Furniture Business Seeking Working Capital Loan

Bali · Manufacturing & wholesale

Established Hospitality Contract Furniture Business Seeking Working Capital Loan
SeekingIDR 3.6BInterest rate 15% a yearover 12 months

Deal summary

Annual revenue
IDR 90.7B
Annual profit
IDR 25B
Valuation / loan term
15% per annum
Stated assets
200,000
Terms
USD 200,000 Working Capital Loan, 12-Month Term at 15%
Minimum ticket
50,000
Purpose of funds
Working Capital Loan for Major Project in Maldives
Founded
2006

About the business

Our company, a specialist in high end contract furniture solutions has recently been awarded a U.S. 3.8 million dollar contract for a major hotel development in Maldives. To ensure the successful completion of the project we are seeking a US200k working capital loan for a 12 month term. In exchange we are offering a 15 percent annual interest rate backed by receivables of the project and funds held in escrow by way of a bond.

The requested US 200k will be utilized specifically to optimize the project delivery.
- Inventory and materials already purchased and in production
- Onboarding specialist installation team to meet project timelines
- Buffer for stages payments
- Maintaining operational agility during the 45 day net payment cycles typical of a large scale contract

This project Carrie's a healthy gross margin ensuring the debt servicing is guaranteed.

This is a low risk high yield opportunity for an investor to support a thriving business thru a period of significant growth.

Information is provided by the business owner and has not been verified. Do your own due diligence.

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IDR 3.6BContact seller