Semiconductor Company looking for a Working Capital Loan Line
Asking PRice
₱520,000,000 Based on reqt. of $10,000,000
Industry
Electrical
Price Category
100M to 999M
Location
Metro Manila
ABOUT THIS BUSINESS FOR SALE
This Semiconductor Assembly and Testing Plant was founded in 1987 as a 100% Filipino company, engaged in offshore product development and manufacturing for high performance power device packages. They specialize in co-developing new packages and assembly designs with manufacturers of power electronics and semiconductors worldwide. Over the course of 30 years, they developed a strong and loyal customer base in US, Europe and Asia who they co-develop their packages with and are looking into further expansion into the automotive, industrial and medical applications industry.
To cater to the increasing demand of developing and supplying power packages, they are looking for a funder who is willing to loan them a working capital loan line between 5 Million USD to 10 Million USD.
There is an expected revenue growth rate of 15% year-on-year in the company. In the Electronic vehicles market alone, there is an expected annual growth rate of 40%, which is an opportunity that they are looking to service through their continued product development.
Though they are looking for a working capital loan line, they are open to exploring other options such as convertible debt, joint ventures, straight debt and others. Funding is needed in January of 2020 to kick-start their action plans for the year onwards.
This is an excellent opportunity for any investor who is simply looking to grow their money while supporting one of the biggest product exports of the Philippines.