Cleaning Supplies Business Seeking Loan in Tiruvannamalai, India
Cleaning supplies manufacturer seeks business loan to switch from D2D to retail/wholesale distribution model.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 60 thousand |
| Run Rate Sales | USD 65 thousand |
| EBITDA Margin | 10 % |
| Industries | Cleaning Supplies |
| Locations | Tiruvannamalai |
| Local Time | 6:40 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
16.2 thousand
for
12.0%
annual interest,
3
years
(Native Currency: INR 1,500,000)
Reason: Funds will be used to purchase packaging machinery and to switch from D2D sales to a retail/wholesal...
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Collateral Available: USD 0
Includes physical assets worth
USD
38 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
GST Certificate
(99.1 KB)
Business Overview
- The company manufactures cleaning supplies under its own brand and also provides job work manufacturing services on a contract basis.
- We manufacture the products under our own brand and sell through door-to-door marketing. We have 7 D2D salespersons that work on a contract basis.
- Our maximum production capacity is 250kg per hour but we are currently held back by the lack of packaging equipment. Manual packaging and labeling take 2-3 days which can be completed in a few hours with packaging machinery.
- Our revenue figures provided are only for our own brand as job works contracts are not regular.
- the promoter has a personal overdraft loan of INR 8 lakhs that was taken for the factory premises.
- We manufacture the products under our own brand and sell through door-to-door marketing. We have 7 D2D salespersons that work on a contract basis.
- Our maximum production capacity is 250kg per hour but we are currently held back by the lack of packaging equipment. Manual packaging and labeling take 2-3 days which can be completed in a few hours with packaging machinery.
- Our revenue figures provided are only for our own brand as job works contracts are not regular.
- the promoter has a personal overdraft loan of INR 8 lakhs that was taken for the factory premises.
Products & Services Overview
Detergent cake, dishwasher cake, detergent liquid, dishwashing liquid, floor cleaner, fabric conditioner, ala, acid, steel scrubber, nylon scrubber, detergent powder, dishwasher powder.
Assets Overview
Manufacturing equipment, raw materials, packaging, and labelling materials.Intangible assets include our brand, license, and website.
Facilities Overview
1,200 sq ft factory premises which is a personal property of the promoter.
Capitalization Overview
The promoter has a personal overdraft loan of INR 8 lakhs that was taken for the factory premises.
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysIndependent Advisor, Hyderabad, Financial Consultant connected with the Business
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