Need help?

Apparel Wholesale Business Seeking Loan in Vijayawada, India

Traders and suppliers of corporate gifting apparel having over 240 B2B clients in South India.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 29.6 thousand
Run Rate Sales USD 71 thousand
EBITDA Margin 29 %
Industries Apparel Wholesale
Locations  Vijayawada
Local Time 4:42 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 236 thousand for 10.0% annual interest, 6 years (Native Currency: INR 20,000,000)
Reason: Require funding to setup a factory and expand the business. Also, have huge orders in hand that need... View More
Collateral Available: USD 590 thousand
Includes physical assets worth USD 11.8 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- We are traders and suppliers of knitted customised apparel.
- Our business is into corporate gifting and only includes apparel with company logos.
- Have over 240 major corporate clients in South India whom we acquired through agents.
- Some of the major industries we supply to includes cement, liquor and IT.
- We also do a few export orders to the Middle East.
- We do not have our own manufacturing unit and have vendors in Mumbai and Tirupur.
- Require funding to start our own factory to manufacture products.
- Promoter has over 20 years of business experience in the garment industry.
Products & Services Overview
Men's and women's wear with corporate logos.
Facilities Overview
Rented 1,600 Sq Ft facility on the 5th floor.
Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
4 Investors already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more