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Newly Established Leather Goods Business Seeking Loan in Joydebpur, Bangladesh

Export oriented leather goods and shoes manufacturing company.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Leather Goods
Locations  Joydebpur
Local Time 10:41 AM Asia / Dhaka
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 900 thousand for 13.47% annual interest, 8 years (Native Currency: BDT 100,000,000)
Reason: Require funds for completing the infrastructure of the factory and also to procure a few machines.
Collateral Available: USD 1.7 million
Includes physical assets worth USD 1.7 million
Name, Phone, Email
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Business Name
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User Verification
Documents
TIN Certificate
Business Overview

- Manufacturer specializing in leather goods: bags, wallets, and belts with 14 years of industry experience.

- Estimated to start operations in 3 months.

- Existing orders valued at $200,000 are already secured.

- Client base spans Poland, the USA, and China.

- Hold essential licenses: IRC, ERC, BIN, RIN, and Trade License.

- Manufacturing facility is 80% complete.

- Current production capacity is up to 600 bags, 300 wallets, and 1,600 belts per day.

- Capacity is expected to increase once the facility is fully completed.

Products & Services Overview

Manufacturer specializing in leather goods: bags, wallets, and belts.

B2B operations.

Assets Overview

Assets include:

Land and factory.

All assets are illiquid, hence we require external funds to kickstart operations.

Facilities Overview

42,000 sq ft area of owned land and factory.

Located in Gazipur Village.

Capitalization Overview

There are 3 shareholders.

No loans or debts.

Self funded business.

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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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