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Scrap Metal Company Seeking Loan in Singapore

Scrap trading business catering to 10 clients seeks a loan.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 4 - 5 million
Run Rate Sales USD 4.2 million
EBITDA Margin 0 - 10 %
Industries Scrap Metal
Locations Singapore
Local Time 9:42 PM Asia / Singapore
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 3 million for 7.0% annual interest, 5 years (Native Currency: USD 3,000,000)
Reason: Need funds to take up more projects.
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- We have a strong market in Indonesia almost 85% of steel mills there are our customers.

- Currently catering to 10 clients who are all from Indonesia.

- Have a growth rate of 10-15% per year in terms of revenue.

- We have 3 projects in hand currently and one project takes 2-3 months to complete. The average revenue generated per project is USD 100,000. Hence, with just 5 employees we are bale to generate the provided revenue.

- We have an experience in this industry for 10 years.

Products & Services Overview

- Metal scrap.

- Paper scrap.

- Plastic scrap.

- Aluminum scrap.

- SiMn.

- FeMn.

- Pig Iron.

- Billet.

Assets Overview

Physical asset including computer, office supplier and furniture.

Facilities Overview

We have a rental office at 1 North Bridge Road, High Street Center. It is on a 60 sqft area with a monthly rent of SGD 2,000.

Capitalization Overview

- There is only 1 owner and sole stakeholder in the business.

- Presently we have a business debt of USD 1.5 million.

- Looking for more funds to bring business to good capacity.

Recent Activity
  • Earlier than 15 days
    Director, Dublin, Business Broker connected with the Business
  • Earlier than 15 days
    CEO, Founder, New York, Financial Institution connected with the Business
  • Earlier than 15 days
    Partner, Jakarta, Financial Consultant connected with the 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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