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Furniture Business Seeking Loan in Cebu City, Philippines

Office furniture manufacturing company with a capacity of PHP 20 million/month requires funds for expansion.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 140 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin 15 %
Industries Furniture
Locations  Cebu City
Local Time 6:25 PM Asia / Manila
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 90 thousand for 9.0% annual interest, 5 years (Native Currency: PHP 5,000,000)
Reason: Require funds for importing raw materials from China.
Collateral Available: USD 0
Includes physical assets worth USD 170 thousand
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Business Name
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User Verification
Business Overview

- Manufacturers of cubicles, chairs, tables and office furniture. - Successful marketing strategies drove significant growth this year.

- Manufacturing capacity expanded to PHP 20 million per month.

- Over 20 clients served, including B2B operations for both our own brand and other brands.

- Promoter brings 25 years of valuable industry experience.

- Close relationships with 1-2 suppliers from China ensure a reliable supply chain.

- Possession of the necessary business license.

Products & Services Overview

Manufacturers of cubicles, chairs, tables and office furniture.

Clients are MNCs and furniture stores.

Assets Overview

Assets include:

Inventory, furniture, fixtures, machinery.

All our assets are illiquid hence we require funds for expansion.

Facilities Overview

Our facility is located in Central Cebu.

The sq m of the facility is 500.

The rent per month is PHP 35k.

Capitalization Overview

Sole owner.

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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