Business Overview
- Company specializes in shipment to East Malaysia.
- We outsource services like customs clearance, warehousing, and transport.
- Act as an intermediary between customers and service providers.
- Implemented WhatsApp AI for online quotations this year.
- Promoter has 9 years of experience.
- Pay third parties around MYR 3K for customs clearance and MYR 10K for warehousing and transportation.
- About 80% of revenue is generated through sea freight, with land and air contributing the remainder.
- Sales declined this year due to increased operational costs and limited capital, making it difficult to secure project shipments.
- The company typically serves 4-5 clients each month.
Products & Services Overview
We provide sea freight, air freight, local domestic transport and warehousing to SMEs.
Capitalization Overview
- Single owner with 100% stake, no other shareholders.
- Total debts: MYR 54,000.
Assets Overview
Intangible assets.
- Cloud SQL services for accounting.
- We are verified green tick holders for company WhatsApp.
The business has no significant tangible assets.
Seeking Loan
USD
21 thousand
for
4.5%
annual interest,
5
years
(Native Currency: MYR 100,000)
Reason:
We would like to expand our business by providing credit terms to our beloved customers and are also...
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Collateral Available: USD 420
In talks with 2 Investors
Contact Business