Fast-Growing Retail Business Seeking Working Capital Loan

We are a well known retail brand in Bali with 4 retail outlets and a loyal, fast-growing customer base. We began creating our own products in Indonesian back in 2019, selling via an online store (different business name) with 20 stockist stores. We rebranded after Covid, secured our first lease in 2022 and opened our first store in 2023. In the last 3 years we have go on to open 3 more stores & will soon expand into wholesale with a number of stockists being onboarded in Australia and Singapore.

The business has built a strong reputation and community following from both residents and tourists alike. Everyone in the company is paid well above industry standards and our products are slowly made by local artisans. We are dedicated to giving back to our island and work closely with a partner charity who we have been supporting since 2019.

We are seeking a business loan of IDR 300MIL or $30,000 AUD on a 10-month term with 15% interest. We have acquired (and paid in full) 5 longterm property leases and 2 company vehicles which can all be used as our loan collateral.

We are only small but we're growing (fast) with big plans and a whole lot of passion to pour into all that we do. If you've got this far, thank you for taking the time to read our application and if you think you can be the one to help us ~ thank you for being part of our journey.

Please let me know if you have any questions or would like more information?