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Apparel Wholesale Company Seeking Loan in Dubai, United Arab Emirates

Company importing textiles, fruits and vegetables to supply locally seeks short term funding.
This transaction has concluded.

Established 5-10 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 540 thousand
Run Rate Sales USD 650 thousand
EBITDA Margin 20 %
Industries Apparel Wholesale + 1 more
Locations  Dubai
Local Time 12:31 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 27 thousand for 10.0% annual interest, 1 year (Native Currency: AED 100,000)
Reason: Need cash to purchase next consignment and order new consignments for the best price.
Collateral Available: USD 27 thousand
Includes physical assets worth USD 54 thousand
Interested to connect with advisors
Documents
Trade License
Business Card
Business Overview
- A general trading company based in Dubai.
- We import apparel and textiles from Bangladesh, Pakistan, China and import fruits & vegetable from India.
- Generally, we import onion, potato, mango, banana, bed sheets, towels, jeans.
- We sell imported products to 10-15 wholesalers, traders in UAE.
- The funding is required for short term and it can be returned in 6-10 months.
- Business has a valid IEC license.
- Percentage of revenue between textiles and food products depends on the month and the type of product we import.
- Promoter has over 5 years of experience in this industry.
- Business owns office furniture, IEC license, website.
Products & Services Overview
We import apparel, textiles, fruits and vegetables from suppliers in Bangladesh, Pakistan, China, India and sell it to wholesalers, traders in UAE.
Facilities Overview
We have a 500 sq ft rented office space in Ras Al Khor, Dubai and another 250 sq ft rented office in Aweer fruit and vegetable market.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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