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Road Construction Business Seeking Loan in Davao City, Philippines

General engineering and construction company in Davao, Philippines seeks funds for new projects.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 300 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 10 %
Industries Road Construction + 1 more
Locations  Davao City
Local Time 3:52 AM Asia / Singapore
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 90 thousand for 10.0% annual interest, 3 years (Native Currency: PHP 5,000,000)
Reason: We have new projects awarded to us from our government clients. We do not have enough financial reso... View More
Collateral Available: USD 90 thousand
Includes physical assets worth USD 430 thousand
Interested to connect with advisors
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Business Overview

- The company started as a supplier of construction materials and subcontractor to companies engaged in private and government contracting with PHP 300,000 of initial capital and now, we can accommodate up to PHP 185 million worth of projects.

- We have been granted a contractor’s license from the Philippine Constructors Accreditation Board (PCAB) with a license to construct road, highway pavements and railways, airport, horizontal structures and bridges.

- Completed more than 15 projects so far and have 4 ongoing projects.

- Our clients are the Department of Public Works and Highways (DPWH), Dept. of Social Welfare (DSWD), FFJJ Construction, Local government of Libona, Bukidnon, Phinma Properties, Department of Health, Department of Agrarian Reform Region 10, Motortrade and Honda Motors, DITO and Globe Tower.

- We immediately require this loan to work on the projects at hand. Collateral will be provided for the loan and the amount will be cleared within few years.

Products & Services Overview

We design and build horizontal and vertical projects road, highway pavements and railways, airport.

Assets Overview

2 dump trucks.

2 tractor head- prime mover.

3 trailers.

2 canter - boom truck.

3 pick up.

1 SUV.

2 excavator.

2 units of 1.5-ton road roller.

Complete hand tools and safety equipment.

Facilities Overview

We have 1 main rented office of 500 sq m area, a rented yard of around 1,700 sq m for our trucks and equipment, a sub-office of 30 sq m on rent.

Capitalization Overview
Not Disclosed
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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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