Residential Real Estate Construction Company Seeking Loan in Davao City, Philippines

- Business involved in purchasing lands, developing residential and commercial units on the land, and then reselling it to customers.

- The business will engage in joint venture business for new business development this coming year.

- The loan will be used for additional working capital for a new venture of the business.

- We have 2 ongoing projects. One of our projects has 60 units and 3 commercial units on a land of 2 hectares, and our other project offers 20 units and 4 commercial plots on 1.7 hectares.

- We have already sold 60 units combining both of our ongoing projects.

- Property rentals and selling for commercial and residential clients.

- Real estate services.

- Land of 1.7 hectares and 2 hectares.

- Office printers (2)

- Office tables.

- Laptops.

- Website.

Office located in Davao Del Norte for which we are paying a rent of PHP 10k monthly.

- The company is funded from our own funds.

However, the said property was acquired by terms and funded by 2 angel investors with equal division of the net income of the property.

- There is no loan in the business.