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Building Contractor Seeking Loan in Bengaluru, India

Construction company with 10+ years of experience, seeking funds for residential real estate projects.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 115 thousand
Run Rate Sales USD 208 thousand
EBITDA Margin 15 %
Industries Building Contractors + 1 more
Locations  Bengaluru
Local Time 12:29 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 115 thousand for 18.0% annual interest, 2 years (Native Currency: INR 10,000,000)
Reason: Seeking loan to purchase land to develop real estate and expand the business.
Collateral Available: USD 0
Includes physical assets worth USD 58 thousand
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Business Overview
- The private limited company has been established for a year, with the promoter having prior experience in a sole proprietorship.
- Has experience of 10+ years with other construction companies and is still running it.
- Till now we worked on construction contracts for our clients which is where the majority of our revenue is generated.
- Currently, the focus is shifting to residential real estate development with the first project in Mysore for which the company is seeking funds.
- Completed 10 projects to date, mainly commercial buildings for individual clients.
- Strong business relationships and a solid reputation in the construction industry.
Products & Services Overview
- The business's top-selling services include commercial building development on a contract basis for clients.
- Wants to shift focus to residential real estate projects.
- These services are primarily utilized by individual clients seeking commercial spaces and residential properties.
Assets Overview
The tangible assets include construction equipment and office furniture.
Facilities Overview
We have an office with an area of around 11,000 sq ft for which we pay a rent of INR 75,000 per month.
Capitalization Overview
2 partners in the business with a 99% and 1% split of equity.
There are no loans and liabilities as a part of the business currently.
Recent Activity
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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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