Business Overview
- 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.
Products & Services Overview
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.
Capitalization Overview
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.
Assets Overview
Tangible assets include.
- Warehouse with machines.
- Two 10-wheeler trucks worth PHP 4 million.
Seeking Loan
USD
70 thousand
for
10.0%
annual interest,
5
years
(Native Currency: PHP 4,000,000)
Reason:
We no longer want to be dependent on our funder and want to continue with our operation smoothly wit...
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Collateral Available: USD 90 thousand
Includes physical assets worth
USD
260 thousand
Interested to connect with advisors
Contact Business