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Brick Factory Seeking Loan in Araria, India

Fly ash brick manufacturing company seeking a business loan for a new machinery plant.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 12 thousand
Run Rate Sales USD 13 thousand
EBITDA Margin 10 %
Industries Brick Factories
Locations  Araria
Local Time 6:03 AM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 300 thousand for 12.0% annual interest, 7 years (Native Currency: INR 25,000,000)
Reason: The company is planning to start a new machinery plant and is looking for funds.
Collateral Available: USD 400 thousand
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Business Name
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Business Overview

- We are involved in fly ash brick manufacturing activities since 2019.

- We are one of the renowned brands of the city.

- Associated in both wholesale as well as retail supply.

- Most of the revenue is generated through the supply to wholesalers.

- The company is planning to start a new machinery plant is looking for the funds.

Products & Services Overview

We are involved in the manufacturing and sale of fly ash brick.

Assets Overview

The business does not own any physical assets except basic equipment.

The promoter owns land worth INR 3.25 crores and will provide that as collateral.

Facilities Overview

The company has officially leased the land from the promoter to establish the business.

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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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