Apparel and Accessories Company Seeking Loan in Lucknow, India
Lucknow based manufacturer and supplier of garments seeks loan for expansion.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 117 thousand |
| Run Rate Sales | USD 140 thousand |
| EBITDA Margin | 12 % |
| Industries | Apparel and Accessories |
| Locations | Lucknow |
| Local Time | 10:56 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
59 thousand
for
18.0%
annual interest,
10
years
(Native Currency: INR 5,000,000)
Reason: We are seeking loan to expand our wholesale outlets and buying raw materials to maximize the capacit...
View More
Collateral Available: USD 37.5 thousand
Includes physical assets worth
USD
29 thousand
Interested to connect with advisors
Documents
ROC-Verification.pdf
(73.9 KB)
Business Overview
- We manufacture jackets, shirts, trousers and kurtas in our manufacturing unit in Lucknow.
- We also sell sarees and lehengas which are sourced from 12 suppliers from Surat.
- Currently we have 170+ clients in Uttar Pradesh but with adequate capital we can potentially serve over 1,000 clients.
- Textiles are sold directly to the customer and a few other local retail shops.
- The manufacturing unit has a capacity to produce 10,000 units monthly but we are able to produce only 2,000-2,500 units due to limited capital.
- The owner has 10+ years of experience in this business.
- We also sell sarees and lehengas which are sourced from 12 suppliers from Surat.
- Currently we have 170+ clients in Uttar Pradesh but with adequate capital we can potentially serve over 1,000 clients.
- Textiles are sold directly to the customer and a few other local retail shops.
- The manufacturing unit has a capacity to produce 10,000 units monthly but we are able to produce only 2,000-2,500 units due to limited capital.
- The owner has 10+ years of experience in this business.
Products & Services Overview
Manufactures and suppliers of sarees, lehengas, jackets, trousers, shirts and kurtas.
Assets Overview
The business owns a 1,800 sq. ft. manufacturing unit in Lucknow. It has 26 machines purchased 3 years ago for producing clothes and designs.
Facilities Overview
We have a rented 1 storey, 3,700 sq. ft. shop and an attached warehouse on the same property. We also have an owned 1,500 sq. ft. manufacturing unit.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Real Estate, Kanpur, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysIndependent Advisor, Delhi, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Bokaro Steel City, Financial Consultant connected with the Business
Tags:
Apparel and Accessories Company Seeking Loan in Lucknow, India
·Lend to Apparel and Accessories Company in Lucknow, India
·Apparel Company Seeking Loan in Lucknow, India
·Apparel and Accessories Company Seeking Loan
·Lend to Apparel Company in Lucknow, India
·Lend to Apparel and Accessories Company
·Apparel Company Seeking Loan
·Lend to Apparel Company
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