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Electronics Store Seeking Loan in Soroti, Uganda

Computer equipment company with 12+ clients and 4+ suppliers seeks funds for working capital.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 32 thousand
Run Rate Sales USD 19 thousand
EBITDA Margin 30 %
Industries Electronics Stores
Locations  Soroti
Local Time 11:22 AM Africa / Kampala
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 16 thousand for 24.0% annual interest, 5 years (Native Currency: UGX 60,000,000)
Reason: We require funds to execute ongoing contracts.
Collateral Available: USD 21 thousand
Includes physical assets worth USD 40 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview

- Specialize in selling computers and accessories.

- Successfully served and retained over 12 corporate clients, with plans to expand clientele.

- Positive and encouraging growth rate.

- Intend to franchise with Airtel Uganda to broaden product offerings.

- Experienced promoter with 8 years in the industry.

- Operating under national licenses in Uganda.

- Maintain relationships with 4 reliable suppliers.

- Experienced a drop in revenue this year due to working capital issues, resulting in incomplete projects.

- Our other revenue vertical is our ancillary cyber security services that is still growing.

- Current employee count is necessary to manage operations at scale.

Products & Services Overview

Selling computers and ancillary accessories.

B2B operations primarily.

Assets Overview

Land.

Furniture.

Office equipment like computers and printers.

Facilities Overview

Own office within Soroti City.

Measures a total of 50*100m2.

Capitalization Overview

3 shareholders for the company.

Self funded operations.

No loans or debts.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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