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Agriculture Business Seeking Loan in Nowgong, India

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

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 700 thousand
Run Rate Sales USD 900 thousand
EBITDA Margin 10 %
Industries Agriculture + 1 more
Locations  Nowgong
Local Time 12:47 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 400 thousand for 10.0% annual interest, 6 years (Native Currency: INR 35,000,000)
Reason: Purchase of property for the processing unit, machinery and working capital.
Collateral Available: USD 500 thousand
Includes physical assets worth USD 700 thousand
Interested to connect with advisors
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

The processing unit is owned by the business and has an area of 7,000 Sq. Ft.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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