Children Clothing Business Seeking Loan in Tiruppur, India
Textiles wholesale business manufacturing children's wear, with 1,500 pieces daily capacity, seeking a loan.
| Established | 10-20 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 700 thousand |
| Run Rate Sales | USD 700 thousand |
| EBITDA Margin | 15 % |
| Industries | Children Clothing |
| Locations | Tiruppur |
| Local Time | 3:34 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
234 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 20,000,000)
Reason: The business is seeking investment to expand its operations by increasing exports to additional coun...
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Collateral Available: USD 470 thousand
Includes physical assets worth
USD
70 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
Registration Certificate
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Business Overview
- The business specializes in manufacturing knitted garments for kids, babies, toddlers, men, and women, with a primary focus on children's wear.
- The manufacturing capacity of the business allows for the production of up to 1500 pieces per day.
- The garments produced are exported to the United States, Mexico, Poland, and Italy on a wholesale basis.
- Approximately 20-30% of the manufactured garments cater to the men's and women's markets.
- Domestically, the business engages in wholesale distribution, generating annual revenues ranging from INR 1-2 crore through its three primary clients.
- In total, the business serves five clients across its export and domestic markets.
- The business possesses all required licenses.
- The manufacturing capacity of the business allows for the production of up to 1500 pieces per day.
- The garments produced are exported to the United States, Mexico, Poland, and Italy on a wholesale basis.
- Approximately 20-30% of the manufactured garments cater to the men's and women's markets.
- Domestically, the business engages in wholesale distribution, generating annual revenues ranging from INR 1-2 crore through its three primary clients.
- In total, the business serves five clients across its export and domestic markets.
- The business possesses all required licenses.
Products & Services Overview
Children's wear garments account for up to 70% of the business's sales, primarily driven by exports.
Assets Overview
The physical assets of the business include 40 machinery valued at INR 60 lakh.Collateral: The owner will provide collateral in the form of a house valued at INR 1.5 lakh and land valued at INR 2.5 lakh.
Facilities Overview
The business operates from a manufacturing unit located in Asher Nagar, comprising a built-up area of 10,000 sq. ft rented at a monthly cost of INR 90,000.
Capitalization Overview
The business currently operates as a sole proprietorship and has a bank loan of INR 90 lakhs under the packing credit limit (PCL).
Recent Activity
-
Earlier than 15 daysDoctor, Healthcare, Coimbatore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
Tags:
Children Clothing Business Seeking Loan in Tiruppur, India
·Baby Clothing Business Seeking Loan in Tiruppur, India
·Lend to Children Clothing Business in Tiruppur, India
·Lend to Baby Clothing Business in Tiruppur, India
·Children Clothing Business Seeking Loan
·Baby Clothing Business Seeking Loan
·Lend to Children Clothing Business
·Lend to Baby Clothing Business
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