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Agricultural Machinery Business Seeking Loan in Loni, India

Company specializing in manufacturing of agricultural hand equipment seeking loan for expansion.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 117 thousand
Run Rate Sales USD 98 thousand
EBITDA Margin 10 %
Industries Agricultural Machinery
Locations  Loni
Local Time 4:10 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 3.5 thousand for 15.0% annual interest, 2 years (Native Currency: INR 300,000)
Reason: - Seeking loan to acquire more raw materials and expand the business. - We need the funding because... View More
Collateral Available: USD 0
Includes physical assets worth USD 82 thousand
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Business Name
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Business Overview
- The business specializes in the production and distribution of agricultural hand equipment used by farmers.
- The primary market for agricultural machinery is the sugar manufacturing industry, highlighting a niche and specialized focus within the broader agricultural sector.
- The company primarily distributes its products through a network of approximately 10 distributors, indicating an established and efficient sales channel strategy.
- There has been a drop in run rate sales this year due to decreased demand for agricultural products as a result of reduced rain.
Products & Services Overview
The business's top-selling products are agricultural hand equipment used predominantly by the sugar manufacturing industry.
Assets Overview
The key tangible asset includes the owned factory facility and machinery used to manufacture our products.
Facilities Overview
We have our own factory of around 1,000 sq ft located in Loni, Maharashtra.
Capitalization Overview
The business is run by a sole proprietorship who has complete ownership of the business.
There are currently no outstanding debts or liabilities in the company.
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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.
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