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Newly Established Electric Equipment Wholesale Company Seeking Loan in Chittagong, Bangladesh

Seeking Loan: Importer, distributor, and supplier of electrical components used in industrial machinery.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 110 thousand
EBITDA Margin 20 %
Industries Electric Equipment Wholesale
Locations  Chittagong
Local Time 7:03 AM Asia / Dhaka
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 46 thousand for 10.0% annual interest, 5 years (Native Currency: BDT 5,000,000)
Reason: The 60% fund will be primarily used to import new inventory and expand the product portfolio. The re... View More
Collateral Available: USD 0
Includes physical assets worth USD 12 thousand
Interested to connect with advisors
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Business Overview

- Engaged in the import and supply of industrial equipment.

- Basic dealer in Bangladesh for a well-known global brand.

- All of our revenue comes from Bangladesh.

- We supply our products to industrial clients in Bangladesh.

- Managing ready-to-sell inventory.

- We supply products to end users, the F&B sector, and factories.

Products & Services Overview

- Distributor of a German-based company, Leuze Electronic, for Bangladesh.

- Sensor solutions.

- Automation services.

- Supply of electrical spares: Sensor, PLC, HMI, switchgear items, inverter, field instruments (flowmeter, level transmitter, pressure transmitter, pH sensor, etc, ), motor, pump.

- Our products are used in different types of industries such as F&B, and factories.

Assets Overview

1. Office Furniture: BDT 4,00,000.00.

2. Inventory: BDT 9,25,000.00.

3. Laptop: 40,000.00.

Facilities Overview

Both offices are on rent.

- Chittagong: The firm is registered in Chittagong and the office is 200 sq ft.

- Dhaka: Our branch office is located in Dhaka and it is 900 sq ft.

Capitalization Overview

- We have invested around BDT 4.0 million.

- No loan from any Bank. But we took BDT 0.8 million from our family friends.

- 10,000 shares equally distributed between 2 directors.

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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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