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Agriculture Wholesale Company Seeking Loan in New Delhi, India

Company that exports basmati rice to African and European countries is seeking funds to fulfill a contract.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 700 thousand
Run Rate Sales USD 800 thousand
EBITDA Margin 8 %
Industries Agriculture Wholesale
Locations  New Delhi
Local Time 3:36 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 27 thousand for 10.0% annual interest, 1 year (Native Currency: INR 2,000,000)
Reason: Require funds to fulfill a one-year contract and for working capital.
Collateral Available: USD 13 thousand
Includes physical assets worth USD 70 thousand
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Business Overview

- Company involved in the export of wholesale non-basmati rice, basmati rice, maize, wheat, and domestic trade in pulses.

- Export of non-basmati and basmati rice forms 80% of our annual revenue.

- Actively export basmati and non-basmati rice to African and European countries.

- Export our products from the ports of Vizag and Kakinada.

- Have contracts with farmers in the states of Madhya Pradesh and Chhattisgarh for the procurement of rice.

- Our buyers mostly pay us before dispatch with only a few instances of delayed payment.

Products & Services Overview

Export of wholesale basmati rice, non-basmati rice, maize, wheat; domestic trade of pulses.

Assets Overview

Land worth INR 10 lakh, cars, computers, and office equipment.

Facilities Overview

Rented office space of 1,500 sq. feet spread over 2 floors. We have a lock-in period of 5 years and pay a monthly rent of INR 10,000.

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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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