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Lingerie Company Seeking Loan in Kalutara, Sri Lanka

Seeking investment: Succesful lingerie manufacturer with 150+ supplier relationships and 70,000 units produced monthly.

Established 5-10 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 4 million
Run Rate Sales USD 2 million
EBITDA Margin 16 %
Industries Lingerie
Locations  Kalutara
Local Time 7:24 AM Asia / Colombo
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 540 thousand for 17.0% annual interest, 4 years (Native Currency: LKR 159,000,000)
Reason: Need funds for business expansion and increasing production.
Collateral Available: USD 0
Includes physical assets worth USD 3.4 million
Interested to connect with advisors
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Business Overview

- Serving 11+ clients across the United States, Canada, India, European Union, the United Arab Emirates, and Sri Lanka.

- Proudly serving as manufacturers for Amante India and Flash Landmark.

- Establishing strong supplier relationships with 150 partners in China, Thailand, India, and Sri Lanka.

- Possessing manufacturing capabilities with a maximum capacity of 200,000 units per month.

- Currently operating at a production rate of 70,000 units per month.

- Holding INFAC certification, renewed annually, and compliance certificates of WRAP and SEDEX.

- Experiencing a decrease in sales this year due to the economic recession in Sri Lanka.

Products & Services Overview

Products:

1. Offering a range of women's lingerie.

2. Providing high-quality activewear.

3. Featuring stylish swimwear options.

4. Offering comfortable and fashionable sleepwear.

Target:

1. Catering to women and children.

2. Serving both B2B and B2C markets.

3. Attracting local and international clients.

Assets Overview

Assets include:

Machinary.

Building.

Land.

Furniture.

Fixtures.

Website.

The assets are illiquid hence we need funds for expansion.

Facilities Overview

1. One production floor.

2. Spans 45,000 square feet.

3. Owned by the company.

Capitalization Overview

- Purchase orders facilitated through bank credit facility.

- Ownership divided among two directors, with one holding 51% and the other 49% of shares.

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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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