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Brick Factory Seeking Loan in Chennai, India

Company planning to produce eco-friendly bricks of various sizes and shapes for infrastructure projects.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Brick Factories
Locations  Chennai
Local Time 10:18 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 180 thousand for 12.0% annual interest, 2 years (Native Currency: INR 15,000,000)
Reason: Seeking funds to complete the construction of our brick factory and start production.
Collateral Available: USD 12 thousand
Includes physical assets worth USD 18 thousand
Interested to connect with advisors
Documents
Business Overview
- Aim to provide ground breaking innovation in the field of waste management and environment protection.
- Currently venturing into manufacturing of eco-friendly bricks, that will be used for housing projects. We have our own land and are working towards construction of the brick factory.
- We are in talks with various government housing initiatives and are understanding market value of eco-friendly bricks.
- Have also planned out multiple ventures in waste management, such as creating bio-diesel and bio-degradable plastic.
Products & Services Overview
We plan to manufacture CLC bricks, bio degradable plastics, and bio diesel.
Assets Overview
The owned land of the business with an area of 6,500 square feet.
Facilities Overview
Owned land of 6,500 square feet.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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