I run a transport and construction company and I need a loan to shore up my working capital for the purchase of supplies. My company has been awarded a contract to supply construction materials for the initial phase of a US$8,000,000 real estate project. I will utilize the loan in purchasing part of the required supplies.
I am also finalizing the purchase of a truck which will improve my company's margin by reducing our recurrent leasing cost. At the moment, we are leasing up to three trucks in order to meet our clients' demand. With the new truck and the existing lease contracts, my company will be able to cover its expenses, fully finance the repayment of the loan as well as ensure the company remains at an improved profitable position.
Thank You and Kind Regards.