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Textiles Wholesale Business Seeking Loan in Puerto Princesa, Philippines

Established hotel supplies company with 100+ customers seeks funds for working capital.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 35 thousand
Run Rate Sales USD 37 thousand
EBITDA Margin 22 %
Industries Textiles Wholesale + 1 more
Locations  Puerto Princesa
Local Time 12:11 AM Asia / Manila
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 9 thousand for 9.0% annual interest, 2 years (Native Currency: PHP 500,000)
Reason: Require funds for working capital.
Collateral Available: USD 0
Includes physical assets worth USD 17 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

- Business specializes as a one-stop-shop for hotel necessities, offering a comprehensive range of products including bed sheets, bed runners, towels, toiletries, and more.

- Promoters boast an experience of 10 years in the industry, ensuring expertise and reliability.

- Fully licensed with BTI licenses and necessary local permits, ensuring compliance with regulatory requirements.

- Primary client base consists of hotels, with a current total of 100 clients, all located within the Philippines.

- Acquisition of clients primarily facilitated through social media marketing strategies, tapping into digital platforms for outreach and engagement.

- Business relies on two suppliers based in Manila to meet the demand for its products, ensuring streamlined logistics and efficient supply chain management.

Products & Services Overview

Bed sheets.

Bed runners.

Towels and toiletries among others.

B2B operations with hotels in the Philippines.

Assets Overview

Assets include:

Stock, inventory, furniture and fixtures.

All our assets are illiquid, hence we require external funds.

Facilities Overview

Office and warehouse measuring 4*6m and 6*10m respectively.

Rent per month is PHP 15k.

We are located in Malvar, Puerto Princesa, Philippines.

Capitalization Overview

Sole owner.

Self funded operations.

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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