Food Ingredients Business Seeking Loan in Valencia City, Philippines

- Business involved in the processing, packaging, and wholesaling of corn grits and grains.

- Our maximum production capacity is 700 tons per month.

- The average production capacity is 300 tons per month.

- We have 5 regular employees and 10 laborers.

- Our top customer is Prifood Corporation, however, we have distributors from Cebu who buy our products as well.

We manufacture and wholesale corn grains and grits.

Corn Chip manufacturer and other companies that uses our products as a primary ingredient (raw material) for their products. Prifood Corporation is one of our largest customers.

Tangible assets include.

- Warehouse with machines.

- Two 10-wheeler trucks worth PHP 4 million.

Owned warehouse together with the machinery and small office in Valencia City.

We are funded by 1 person and she gets a share (very large), but she's slowing down our operation because of her greed. We are only able to retain 5% of the net income. With this loan, we want to slowly repay and disassociate ourselves from this funder.