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    Contractors Business Seeking Loan in Morigaon, India

    PWD contractor for construction and maintenance of rural roads seeks a working capital loan.
    Established 5-10 year(s)
    Employees 10 - 50
    Legal Entity Sole Proprietorship/Sole Trader
    Reported Sales USD 180 thousand
    Run Rate Sales USD 220 thousand
    EBITDA Margin 10 %
    Industries Contractors
    Locations  Morigaon
    Local Time 11:48 PM Asia / Kolkata
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    7.4 / 10
    Compare with industry
    Seeking Loan
    USD 240 thousand for 11.0% annual interest, 5 years (Native Currency: INR 20,000,000)
    Reason: Need working capital for this project so we can concentrate on other ventures as well. The project ... View More
    Collateral Available: USD 24 thousand
    Includes physical assets worth USD 32 thousand
    Interested to connect with advisors
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    PWD Agreement for Work
    PWD Agreement for Work (1.9 MB)
    Office Order of Assam State Govt Superintending Engineer
    Office Order of Assam State Govt Superintending Engineer (148.2 KB)
    Important Documents of the Proprietor and Business
    Important Documents of the Proprietor and Business (1.4 MB)
    Business Overview

    - Road construction and maintenance contractor in Assam.

    - The business has successfully delivered 5 projects in the past.

    - 100% of revenue is earned through government road construction projects.

    - PWD and authorities pay us on a running bill basis i. e payment received after submitting an invoice.

    - We are seeking working capital for a 4.9km road project with a total cost of INR 2.5 crore.

    - Work shall commence within this week.

    Products & Services Overview

    Maintenance and construction contractor for rural roads.

    Assets Overview

    Physical assets owned by the business include a road roller worth INR 6 lakh, a JCB worth INR 12 lakh, two tractors worth INR 7 lakh, and a mixer worth INR 1.5 lakh. We have other masonry equipment as well.

    Personal owned land of the proprietor can be kept as collateral.

    Facilities Overview

    We have a rented office space in Morigaon, Assam.

    Capitalization Overview
    Not Disclosed
    Recent Activity
    • Earlier than 15 days
      Managing Partner And Head M&A, Hyderabad, Financial Consultant connected with the Business
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    Contractors Business Seeking Loan in Morigaon, India View images
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