Agriculture Wholesale Business Seeking Loan in Tirupati, India
Trader of agro-products and rayon cords with 25 client contacts requires funding to restart operations.
| Established | 20-30 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Agriculture Wholesale |
| Locations | Tirupati |
| Local Time | 10:13 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
1.17 million
for
10.0%
annual interest,
5
years
(Native Currency: INR 100,000,000)
Reason: Require funding to restart operations and scale up the business. We will be able to return the loan ...
View More
Collateral Available: USD 31.5 thousand
Includes physical assets worth
USD
31.5 thousand
Documents
Udyog Aadhaar
(81.4 KB)
IEC License
(157.2 KB)
Business Overview
- Distributor of agricultural products and rayon tire cords. Business has been shut since 2018 because the owner was working at a government company. Require funding to restart operations.
- Business is an IEC (Import Export Code) licence holder.
- Promoter has contacts and friendly relations with over 25 domestic clients and 3 major suppliers.
- When the business was operational, in 2017, we had a monthly turnover of INR 25 lakh and a profit margin of 10%.
- Promoter has over 15 years of experience in this particular sector with excellent marketing and HR skills.
- Business is an IEC (Import Export Code) licence holder.
- Promoter has contacts and friendly relations with over 25 domestic clients and 3 major suppliers.
- When the business was operational, in 2017, we had a monthly turnover of INR 25 lakh and a profit margin of 10%.
- Promoter has over 15 years of experience in this particular sector with excellent marketing and HR skills.
Products & Services Overview
Intend to start trading and distributing rayon, spices, food grains, pooja samagri, oils and dry fruits.
Assets Overview
The business owns the entire office and its associated infrastructure.
Facilities Overview
We have a ground floor office property with an area of 324 square feet that is owned.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Stock Broking, Gurgaon, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Consultant, Technology & Capital Solutions, Hyderabad, Corporate Investor / Buyer connected with the Business
Tags:
Agriculture Wholesale Business Seeking Loan in Tirupati, India
·Agriculture Export Business Seeking Loan in Tirupati, India
·Lend to Agriculture Wholesale Business in Tirupati, India
·Agri Wholesale Business Seeking Loan in Tirupati, India
·Lend to Agriculture Export Business in Tirupati, India
·Agri Export Business Seeking Loan in Tirupati, India
·Lend to Agri Wholesale Business in Tirupati, India
·Lend to Agri Export Business in Tirupati, India
·Agriculture Wholesale Business Seeking Loan
·Agriculture Export Business Seeking Loan
·Lend to Agriculture Wholesale Business
·Agri Wholesale Business Seeking Loan
·Lend to Agriculture Export Business
·Agri Export Business Seeking Loan
·Lend to Agri Wholesale Business
·Lend to Agri Export Business
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