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Newly Established Food Wholesale Company Seeking Loan in Dubai, United Arab Emirates

Dubai based business involved in trading canned foods and juices, seeking a business loan.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 98 thousand
EBITDA Margin 25 %
Industries Food Wholesale
Locations  Dubai
Local Time 4:36 PM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 136 thousand for 10.0% annual interest, 3 years (Native Currency: AED 500,000)
Reason: The loan will aid in buying inventory and bring in more monthly orders.
Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Commercial License
Business Overview
- The business trades packaged canned foods.
- It operates on an order basis.
- It sells to retailers and supermarkets in the area and has tie-ups with 8-10 of them.
- Imports the goods from outside.
- The business has a valid commercial license.
Products & Services Overview
We mainly trade canned foods, rice, snacks, soft drinks, and juices. These goods are traded directly to retailers and supermarkets.
Assets Overview
The business does not own any physical assets at the moment.
Facilities Overview
The business operates remotely, and operates from his own home office.
Capitalization Overview
The businesss is owned by a sole owner, and is self funded.
There are no loans on the business.
Recent Activity
  • Earlier than 15 days
    Founder And Chief Solutions Officer, Dubai, 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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