Auto Component Company Seeking Loan in Faridabad, India
Start-up company planning to manufacture parts for heavy trucks seeks business loan to purchase machinery.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Auto Component |
| Locations | Faridabad |
| Local Time | 7:12 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
110 thousand
for
13.0%
annual interest,
10
years
(Native Currency: INR 10,000,000)
Reason: To purchase machinery and raw materials. To start operations and for working capital.
Collateral Available: USD 0
Includes physical assets worth
USD
166 thousand
Documents
ROC-Verification.pdf
(59.6 KB)
Business Overview
- Company is based out of Faridabad and plans to manufacture parts for commercial heavy trucks.
- We will produce auto parts such as chassis, front hood cabins, bumpers, mudguards, brakes assemblies, suspension systems.
- In talks with international truck companies to get manufacturing contracts.
- Once we receive funds we will purchase machinery and start the manufacturing process.
- Promoter has another family business producing industrial tools and has more than 10 years of overall industry experience.
- Business owns 4,000 sqft land with factory and office.
- We will produce auto parts such as chassis, front hood cabins, bumpers, mudguards, brakes assemblies, suspension systems.
- In talks with international truck companies to get manufacturing contracts.
- Once we receive funds we will purchase machinery and start the manufacturing process.
- Promoter has another family business producing industrial tools and has more than 10 years of overall industry experience.
- Business owns 4,000 sqft land with factory and office.
Products & Services Overview
We plan to manufacture parts of trucks such as chassis, front hood cabins, bumpers, mudguards, brakes assemblies, suspension systems.
Facilities Overview
Owned 4,000 sqft factory and office in Faridabad.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysOwner, Automobile, Surendranagar, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysSenior Manager, Automotive, Rudrapur, Individual Investor / Buyer connected with the Business
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