Electrical Component Business Seeking Loan in Ghaziabad, India
|Employees||2 - 5|
|Legal Entity||Sole Proprietorship/Sole Trader|
|Reported Sales||USD 7 thousand|
|Run Rate Sales||USD 24 thousand|
|EBITDA Margin||20 %|
|Local Time||10:17 AM Asia / Kolkata|
|Listed By||Business Owner / Director|
- Manufacturer of electrical MS box and fan box.
- Have a daily production capacity of 200 - 300 units.
- We have 2 distributors for our products. The markup on our products are approximately 22% - 25%.
- Our products are generic and are not sold through a proprietary brand.
- We source our products from 1 - 2 suppliers.
- The business experienced high growth recently since they identified a new distributor.
- The promoter has taken on a personal loan for the business. They will reveal the details of the loan to the investor directly.
- The major machinery involved in the transaction are 3 power press, 1 spot welding machine, 1 electric welding machine, 2 hand press machines and 2 cutters.
- Business has 2 workers who are responsible for the manufacturing and 1 employee who is responsible for maintaining the accounts.
- Promoter is willing to provide the machinery and the internal furnishing of the production unit as a collateral. Besides that, the owner is willing to pay a higher interest rate on the loan since the collateral value is significantly lower than the loan amount requested. Additionally, the business is open for investments in exchange of a partial stake sale.
Manufacturer of electrical MS box and fan box.
Renting a production unit with an area of 500 square feet Paying a monthly rent of INR 5,000. The business has not paid any deposit and the duration of the rental agreement is 11 months subject to renewal.
Earlier than 15 daysDirector, Software Solution, Noida, Individual Investor / Buyer connected with this business
Earlier than 15 daysCredit Executive, Trinidhi Finance Private Limited, New Delhi, NBFC connected with this business