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Ecommerce Website Seeking Loan in Mumbai, India

Furniture and appliance rental business with 4-5 customers monthly seeking a business loan for expansion.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 180
Run Rate Sales USD 19 thousand
EBITDA Margin 0 - 10 %
Industries Ecommerce Websites
Locations  Mumbai
Local Time 5:04 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 12 thousand for 15.0% annual interest, 5 years (Native Currency: INR 1,000,000)
Reason: Grow our business in other cities and set up a furniture manufacturing unit to reduce product purcha... View More
Collateral Available: USD 12 thousand
Includes physical assets worth USD 24 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- We rent furniture and appliances to our customers in Mumbai.

- We have been operational for a year.

- On average provide the products to 4-5 customers monthly.

- Receive 20+ inquiries each month for the product rentals.

- We rent the products for either 6 months or 12 months.

- Also take a deposit amount for the products rented.

- Have purchased the products from vendors.

- We get clients for our website through the broker and digital marketing.

Products & Services Overview

Home furniture.

Home appliances.

Office furniture.

Rental service.

Assets Overview

Furniture like beds and wardrobes. Appliances like refrigerators and washing machines.

Facilities Overview

We have a warehouse of 2,000 sq. ft. in Mumbai. It is also used as our office. It is rented.

Capitalization Overview
Not Disclosed
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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