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Fabricated Metal Products Business Seeking Loan in Dambadeniya, Sri Lanka

Manufacturing steel tanks and processing vehicles with a capacity of LKR 350 million/annum seeks loan.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 40 thousand
Run Rate Sales USD 200 thousand
EBITDA Margin 20 %
Industries Fabricated Metal Products
Locations  Dambadeniya
Local Time 5:21 AM Asia / Colombo
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 1.2 million for 13.5% annual interest, 7 years (Native Currency: LKR 350,000,000)
Reason: Require funds for factory expansion and purchasing machinery.
Collateral Available: USD 170 thousand
Includes physical assets worth USD 340 thousand
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Business Overview

- Core business: Manufacturing steel tanks, processing vessels, fuel tanks for petroleum stations, maintenance, and supplying/installing food processing machines.

- Client base: Servicing approximately 150 clients.

- Manufacturing capacity: Capable of producing up to 350 million units annually.

- Revenue growth: Achieved significant revenue growth this year, primarily attributed to securing new contracts with clients from diverse industries including food processing, clothing factories, and petroleum companies.

- Promoter experience: Promoters bring 13 years of experience in the industry, ensuring robust operations and strategic decision-making.

- Regulatory compliance: Holds licenses and registrations from local authorities, including EM2 and C4 grade certifications.

- Geographic reach: Serving clients in Sri Lanka and India, indicating a regional presence and market penetration.

Products & Services Overview

Manufacturing steel tanks, processing vessels, fuel tanks for petroleum stations,

Conveyor systems, food processing machines for factories.

B2B operations.

Assets Overview

Assets include:

Machinery, furniture, fixtures, stock, equipment, land of 1 acre.

Facilities Overview

The property consists of a one-acre land and factory (belongs to the company) located in Dambadeniya, along with a 15-perch showroom situated on Colombo Kurunegala Road. The monthly rent for this facility amounts to LKR 15,000, paid over a period of five years.

Capitalization Overview

Sole owner.

Self funded operations.

No loans or debts.

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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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