Building Contractor Seeking Loan in Salem, India
Real estate company, with construction projects in hand, seeking funds to promote housing projects.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 4.1 thousand |
| Run Rate Sales | USD 7 thousand |
| EBITDA Margin | 20 % |
| Industries | Building Contractors |
| Locations | Salem |
| Local Time | 4:05 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
117 thousand
for
12.0%
annual interest,
3
years
(Native Currency: INR 10,000,000)
Reason: Promoter is seeking funds to promote and build housing projects.
Collateral Available: USD 146 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
(144.1 KB)
MSME Certificate
(206.4 KB)
Business Overview
- Residential and commercial real estate development company based in Salem intending to take up projects across Tamil Nadu.
- Incorporated a year back, the company has a 72 residential buildings project in the pipeline for which it requires funds.
- In the final stage of signing the contract with the landowner for this project.
- Have successfully completed 5 consultancy projects in the past year where we have worked and provided services such as valuation of the property.
- Promoter is a full-time employee in the firm and has over 30 years of experience in project management and design.
- Incorporated a year back, the company has a 72 residential buildings project in the pipeline for which it requires funds.
- In the final stage of signing the contract with the landowner for this project.
- Have successfully completed 5 consultancy projects in the past year where we have worked and provided services such as valuation of the property.
- Promoter is a full-time employee in the firm and has over 30 years of experience in project management and design.
Products & Services Overview
Design, construction, real estate, project management, consultancy services and property maintenance.
Facilities Overview
Rented office with space of 800 sqft and a monthly rent of INR 14,000 and a deposit of INR 1,00,000. The rental agreement is valid for 11 months.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysPartner, Clothing, Salem, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Delhi, Financial Consultant connected with the Business
Tags:
Newly Established Contracting Company Business Seeking Loan in Salem, India
·Newly Established Building Contractor Business Seeking Loan in Salem, India
·Lend to Newly Established Contracting Company Business in Salem, India
·Lend to Newly Established Building Contractor Business in Salem, India
·Newly Established Contractors Business Seeking Loan in Salem, India
·Lend to Newly Established Contractors Business in Salem, India
·Newly Established Contracting Company Business Seeking Loan
·Newly Established Building Contractor Business Seeking Loan
·Lend to Newly Established Contracting Company Business
·Lend to Newly Established Building Contractor Business
·Newly Established Contractors Business Seeking Loan
·Lend to Newly Established Contractors Business
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
3 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 122,500+ other businesses of all sizes.
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