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	10-20 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	9:05 PM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

5.6 / 10

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Seeking Loan

USD 1.2 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 33 thousand

Includes physical assets worth USD 33 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.

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 days
Director, Stock Broking, Gurgaon, Corporate Investor / Buyer connected with the Business
Earlier than 15 days
Business Consultant, Technology & Capital Solutions, Hyderabad, Corporate Investor / Buyer connected with the Business
Earlier than 15 days
Manager, IT, Gurgaon, Individual Investor / Buyer connected with the Business

Tags:

Agriculture Wholesale Business Seeking Loan in Tirupati, India

Agriculture Export Business Seeking Loan in Tirupati, India

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Agriculture Export Business Seeking Loan

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Agri Wholesale Business Seeking Loan

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Agriculture Wholesale Business Seeking Loan in Tirupati, India

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