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Profitable Facility Management Company Seeking Loan in Singapore

Commercial cleaning company seeking business working capital loan for funding of cleaning contracts.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 500 thousand
Run Rate Sales USD 1.4 million
EBITDA Margin 30 %
Industries Facility Management
Locations Singapore
Local Time 11:56 AM Asia / Singapore
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 150 thousand for 10.0% annual interest, 3 years (Native Currency: SGD 200,000)
Reason: To expand our revenue and profits, we need funds to cover salary and levy payments for staff. As we ... View More
Collateral Available: USD 50 thousand
Includes physical assets worth USD 4.7 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Comprehensive cleaning solutions with industrial-grade products tailored to diverse needs and proper pH values.

- Personalized approach for customized cleaning solutions to meet unique space requirements.

- Customer satisfaction focus drives the company to exceed expectations and foster long-lasting client relationships.

- Special MOM scheme implemented for manpower permits.

- Unique marketing and human resource strategies employed.

- Minimal office teams and concentrated operations managers for cost-efficiency.

- Demonstrated experience in the field.

- Serving a diverse client portfolio including hotels, schools, and food and beverage establishments.

- We currently serve 15+ clients.

- Fully licensed with NEA registration and company incorporation.

- High growth attributed to acquiring new clients and contracts.

- Seeking external loan despite sufficient revenue due to credit-based contract payments.

- As we are experiencing high growth and have many ongoing contracts we can finance the interest payments.

Products & Services Overview

Facility management company's offering comprehensive cleaning solutions to the hoteliers industry, food & beverage chains of outlets and preschools.

Assets Overview

Deposit of 2 months for office lease rental.

Equipment and systems.

Facilities Overview

Currently ongoing office lease at CBD, since we've just revamped a whole new business model, we no longer require a physical office for our office teams, as this is to reduce unimportant costs.

Sq ft area of the facility is 500.

Rent per month is SGD 3,200.

Capitalization Overview

Currently, the company is solely with 1 directorship.

Funds are used at earlier stage of the business from family funding, and personal funds.

No loans or debts.

Recent Activity
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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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