Current Status Pre-Revenue
Amount Invested RM10,000
Funding Required RM300,001 to RM600,000
Description Im looking for fund for my export biz. My primary is palm oil related downstream products. We had already received initial export order and LC has been established. Now Im looking for funder to proceed with the biz. We had supplier and customers, we looking for funder to proceed. Totally risk less biz.
Our initial export would be crude glycerin (a by product of palm oil ). It has s niche market where the demand is higher and less supply.
Business Opportunity The supply is very limited and the demand very high. The crude glycerin is derived from palm oil, where the refined glycerin is being used in various industries ie: cosmetic, pharmaceutical and many more. The refined glycerin uses crude glycerin as feed stock and demand for refined glycerin is keep growing. Our current supplier has the capacity to supply 1000-3000 metric tons per month which is very huge quantity for this product. We had already secured an initial order for 1000 metric tons and Letter of Credit has been established. Upon execution of this initial order we will sign MOU with supplier and buyer for long term sales and purchase, both had agreed .
Revenue / Business Model Initial export has been secured with LC in hand
Total LC value for 1000 MT – USD470000
Required fund – 50% of the above value (partial shipments accepted , 2-3 shipments to complete the 1000MT)
Margin – USD60-70 per MT
Profit sharing – can be discussed
Duration – can be discussed
Management Team At the moment : 2 ( me and a part timer)
Upon initial order execution : 3-4 staff
Company Background This company was started December 2017 however Im experienced more than 15 years in this trade. Export is my major trade and particularly downstream palm oil products for industries.
Funding Milestone Amount required – USD230,000
The fund solely to be used for purchase the crude glycerin and develop the sales qty to reach the maximum qty of the supply
% Equity Allocation 20%
Expected ROI USD72,000 (six months) negotiate for longer term
Risks and Mitigation The payment for every order is secured by Letter of Credit and payment to supplier with 3rd party test report. Therefore no payment for the purchase if the 13d party inspection report does not tally with specification. The risk factor is highly reduced to negligible level.
Exit Strategies The investor can exit after 6 months if he/she is prefer.
Company Name Green Energy Products
Business Address d-5-2, greentown square, Ipoh
Contact Person Thiagu