Apparel and Accessories Business Seeking Loan in Samba, India
Certified apparel manufacturer and wholesaler in 4 states seeks loan to increase production capacity.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 90 thousand |
| Run Rate Sales | USD 111 thousand |
| EBITDA Margin | 18 % |
| Industries | Apparel and Accessories |
| Locations | Samba |
| Local Time | 1:18 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
174 thousand
for
13.0%
annual interest,
5
years
(Native Currency: INR 15,000,000)
Reason: Funds are required for buying and importing some new machines for our existing manufacturing plant. ...
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Collateral Available: USD 0
Includes physical assets worth
USD
10 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Manufacturer and wholesaler of apparel.
- Currently, the company has paused its manufacturing operations and is solely focusing on wholesale distribution of its products.
- The maximum monthly production capacity of the business stands at 10,000 pieces, indicating the potential for scalability and meeting increased demand.
- Company primarily supplies its products to four states - Jammu & Kashmir, Punjab, and Delhi, and UP (Lucknow) showcasing a regional market presence and distribution network.
- Business holds several certifications and forms, including a GST certificate, O Form, C Form, ISO certificate, GRC certificate, and a US Patent for some product designs, demonstrating compliance and intellectual property protection.
- The company currently employs 30 full-time staff, including factory workers, reflecting a structured workforce to support its operations.
- Currently, the company has paused its manufacturing operations and is solely focusing on wholesale distribution of its products.
- The maximum monthly production capacity of the business stands at 10,000 pieces, indicating the potential for scalability and meeting increased demand.
- Company primarily supplies its products to four states - Jammu & Kashmir, Punjab, and Delhi, and UP (Lucknow) showcasing a regional market presence and distribution network.
- Business holds several certifications and forms, including a GST certificate, O Form, C Form, ISO certificate, GRC certificate, and a US Patent for some product designs, demonstrating compliance and intellectual property protection.
- The company currently employs 30 full-time staff, including factory workers, reflecting a structured workforce to support its operations.
Products & Services Overview
The top-selling products for the business are t-shirts and shirts.We also manufacture and supply sweaters and jeans along with t-shirts and shirts.
We are doing solely B2B i. e. we sell the products to distributors and then they further supply the products to retailers.
Assets Overview
Tangible assets include the production equipment and their present day depreciated value is INR 8.5 lakh.
Facilities Overview
We have an owned office in Samba, which serves as our headquarters. The shop is personally owned by the business proprietor.Rented workshop and manufacturing facility of 1,000 sq. ft is located in Ludhiana, Punjab.
Capitalization Overview
- INR 10 lakh that is Mudra loan.- The business is a sole proprietorship with a single owner.
Recent Activity
-
Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
Tags:
Apparel and Accessories Business Seeking Loan in Samba
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