Electrical Equipment Business Seeking Loan in New Delhi, India
New Delhi based profitable soldering-iron manufacturer with 25 clients requesting loan for growth and equipment.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 40 - 50 thousand |
| Run Rate Sales | USD 137 thousand |
| EBITDA Margin | 20 % |
| Industries | Electrical Equipment |
| Locations | New Delhi |
| Local Time | 1:41 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
34 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 3,000,000)
Reason: The owner is seeking a business loan to help with his business expansion.
The loan will help in:
1...
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Collateral Available: USD 114
Includes physical assets worth
USD
17 thousand
Name, Phone, Email
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Business Name
Available after connect
User Verification
Business Overview
- Business manufactures soldering irons and its parts.
- Business also rents equipment to small-scale electricians.
- Located in New Delhi, operating for the past 2 years.
- Has 25 recurring customers who purchase every 2-3 months.
- Collaborates with 10-12 distributors for deliveries locally and across India.
- Manufactures 15,000-20,000 pieces per month.
- Sells over 15,000 items every month.
- GST registered.
- Business also rents equipment to small-scale electricians.
- Located in New Delhi, operating for the past 2 years.
- Has 25 recurring customers who purchase every 2-3 months.
- Collaborates with 10-12 distributors for deliveries locally and across India.
- Manufactures 15,000-20,000 pieces per month.
- Sells over 15,000 items every month.
- GST registered.
Products & Services Overview
Our gold and platinum models are the most sold 25W soldering irons.
Assets Overview
The business owns:- Molding, hydraulic, and bending machines worth INR 5 lakhs.
- Stock of finished soldering irons worth INR 5 lakhs.
- Raw material, smaller machine equipment worth INR 5 lakhs.
Facilities Overview
Business operates a rented facility of 3 floors in Ashok Marg, New Delhi.
Capitalization Overview
The business is owned by the sole proprietor.The business has a loan of INR 5 lakhs, which will be closed by the end of this year.
Recent Activity
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Earlier than 15 daysGroup Manager, Automotive, Gurgaon, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Food Manufacturer, Itarsi, Corporate Investor / Buyer connected with the Business
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2 Investors already contacted this Business.
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