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Electrical Vehicles Company Seeking Loan in Howrah, India

E-rickshaw manufacturer and suppliers having more than 100 dealers seeking funds to increase the production.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 5 million
EBITDA Margin
10 %
Industries
Locations
Local Time
12:39 PM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 2.8 million for 15.0% annual interest, 10.0 years (Native Currency: INR 200,000,000)
Reason: To increase the production as we have a lot of demand.
Collateral Available: USD 2 million
Includes physical assets worth USD 700 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Manufacturer and supplier of E-rickshaw that has been operating since 2013.

- Have around 10 vendors from whom we procure raw materials.

- We manufacture 350 rickshaws per month.

- Have more than 100 dealers all over India.

- Our assets include website, machinery, raw materials, dealers list, office equipment and stock.

- Promoter has more than 6 years of experience in this business.

Products & Services Overview

E-rickshaw, E-rickshaw related all types of parts, Lead acid battery, Electric vehicle charger.

Facilities Overview
Recent Activity
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Contact Business
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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