Viktor Paramonov
Kirovograd (UKR)
Role(s):
Founder/Owner/Principal
Ecoresurs Group
Find More Startups
Startup
Location:
Kirovograd
Industry:
Engineering
Year Founded:
2005
Number Employees:
10-50 people
Business Stage:
Growth (profitable)
Entity Type:
Limited Liability Company
Description:
Ecoresource Group is a very successful company that has established itself in the polymer processing industry. We started our business in March 2005 as a small waste recycling company that sorted and stored plastic waste. In 2008, we established a PET packaging recycling line, since then it has been our main business.
Our products are used in the production of synthetic fibers, yarns, transparent sheets for thermoforming, chemical, construction industries.
Since our inception, we have maintained a stable positive balance by providing our customers with the products they need. Our business and its nature are in great demand.
Due to the great demand, we decided to expand the business. The loan we are requesting is for the purchase of equipment and the reconstruction of the building in which it will be installed.
Start-up costs can be prohibitive and the existing business is not generating the required profit.
We expect strong sales from the new equipment launch. In addition, it is planned to process 80% of the manufactured products into granules from which it is possible to produce new containers for the food industry.
one of the world's leading companies is ready to issue a letter of guarantee of intent to buy back 100% of manufactured products
A loan of US $ 12,500,000.00 will enable the purchase of the necessary equipment and cover the cost of building reconstruction and installation of equipment.
More than 10 years of positive experience allows us to validate and guarantee the success of a new business.
Please take a moment to read this request letter. If you feel you can approve a loan from our company, we'd love to hear from you.