Agricultural Machinery Business Seeking Loan in Kanpur, India
Kanpur's iron shovel manufacturer, with 400-500 capacity/day, seeks loan for raw materials and order fulfillment.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 69 thousand |
| Run Rate Sales | USD 80 thousand |
| EBITDA Margin | 15 % |
| Industries | Agricultural Machinery |
| Locations | Kanpur |
| Local Time | 10:51 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
23 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 2,000,000)
Reason: Seeking funding for the procurement of raw materials for the fulfilment of orders in hand.
Raw mate...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
11.4 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Udyam Registration
(274.4 KB)
Business Overview
- Located in Kanpur, the company specializes in the manufacturing of iron shovels.
- Has a manufacturing capacity of 400-500 shovels per day.
- The company has cultivated long-term relationships with approximately 60 regular clients, including dealers, distributors, and government contractors, maintaining these partnerships for 10-15 years.
- The business experiences a steady flow of monthly orders, averaging between 10-20.
- The average order value ranges from INR 50,000 to 1 lakh.
- The company is registered with a Udyam certificate.
- Has a manufacturing capacity of 400-500 shovels per day.
- The company has cultivated long-term relationships with approximately 60 regular clients, including dealers, distributors, and government contractors, maintaining these partnerships for 10-15 years.
- The business experiences a steady flow of monthly orders, averaging between 10-20.
- The average order value ranges from INR 50,000 to 1 lakh.
- The company is registered with a Udyam certificate.
Products & Services Overview
Primary product is an iron shovel - used in the agriculture industry.Supplied to dealers, distributors, and government contractors.
Assets Overview
Physical assets include manufacturing equipment such as power press machine, sheet cutting, paint unit and hand cutter.
Facilities Overview
Operating from a rented facility located in Parampurwa. Rent is INR 8k/month.
Capitalization Overview
Business is self-funded.No outstanding loans.
Sole proprietorship business.
Recent Activity
-
Earlier than 15 daysBusiness Development Manager, Automobile Services, Lucknow, Individual Investor / Buyer connected with the Business
Tags:
Agricultural Machinery Business Seeking Loan in Kanpur, India
·Agricultural Equipment Business Seeking Loan in Kanpur, India
·Lend to Agricultural Machinery Business in Kanpur, India
·Lend to Agricultural Equipment Business in Kanpur, India
·Agricultural Machinery Business Seeking Loan
·Agricultural Equipment Business Seeking Loan
·Lend to Agricultural Machinery Business
·Lend to Agricultural Equipment Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 62,000+ other businesses of all sizes.
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.
You might also be interested in these businesses