Machine Tools Business Seeking Loan in Esch-sur-Alzette, Luxembourg

- Laser cutting and bending machines manufacturing start-up business, based in Luxembourg.

- Our existing business is laser cutting and bending of metal and other materials for various industries. Now, we want to venture into manufacturing of machines used for laser cutting and bending.

- Currently we have the business plan, we also have support from the ministry, so we want to start as soon as possible.

- We already have a clientele and a sure market as from our existing laser cutting and bending business.

- Have already received contracts from 5 of our clients from France, who are from the automotive industry.

- Additionally, we have 30 small local companies from Luxembourg and 10 from Germany.

- Our existing business is generating > EUR 1 million in annual turnover.

- We need funds for starting so that we can start with two shifts of production immediately as we already have the market as well.

Laser cutting and bending machines manufacturing.

These machines are used to precisely cut through different types of metals and sheet metal fabrication.

Our current industrial clients will be 5 automotive companies from France.

Our existing business has physical assets - machinery and equipment worth EUR 50k.

We will procure machinery for the new business post funding.

We need to rent a facility with a minimum of 1,000m2 in Esch-sur-Alzette city.

Business has no loans.

We are self funding the business with two owners.