Electric Equipment Wholesale Business Seeking Loan in Chennai, India

- The company is a wholesale distributor of online UPS, tubular batteries, and many more.

- We have served more than 100+ customers since inception.

- Currently, we only deal with products of 4 brands.

- Our average sales capacity is INR 20 lakhs per month.

- We have an inventory of 30,000 units worth INR 70 lakhs.

- Our provisions go to the public authority, corporate and OEM suppliers. Our sales have increased this year with the expansion of trading with African nations, and Pan India activity.

We are C&F cum super distributor for-JP Minda batteries automotive batteries/tubular batteries/lithium batteries, 70 years old company, & also a manufacturer of solar digital UPS with built-in lithium batteries/battery less solar inverter/UPS.

Inventory, batteries, solar panels, office furniture, and fixtures.

We have a store with an area of 1,000 square feet with a monthly rental of INR 20,000 per month.

- The business is funded through personal funds.

- Debts/loans of around INR 25 lakhs for the supplier.

- At present only one owner.