Agriculture Business Seeking Loan in Nowgong, India

Food processing business requires funding to set-up a new processing unit to boost production capacity.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 1 million
EBITDA Margin
10 %
Industries
Agriculture + 1 more
Locations
Local Time
8:15 AM Nowgong
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 500 thousand for 10.0% annual interest, 6.0 years (Native Currency: INR 35,000,000)
Reason: Purchase of property for the processing unit, machinery and working capital.
Collateral Available: USD 600 thousand
Includes physical assets worth USD 900 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

- Running a food processing unit in Nowgong, Madhya Pradesh that has been operating since 2017.

- We process yellow peas, Black Gram and Channa.

- The raw food products are procured from local vendors and farmers around Madhya Pradesh.

- We have 20 brokers to who we sell the products to. They further re-sell it pan India.

- We are looking to open a new processing unit which will have a higher production capacity.

Products & Services Overview

Yellow peas, Yellow peas pulse (matar dal), Black gramm Black gram without husk (gota), Chana, Chana dal.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with this business
  • Earlier than 15 days
    Partner, New Delhi, Financial Advisor connected with this business
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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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