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Fabricator Seeking Loan in Darbhanga, India

Bihar-based welding shop specializing in fabricating gates seeks a loan to expand its business.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 17 thousand
Run Rate Sales USD 20.4 thousand
EBITDA Margin 20 %
Industries Fabricators
Locations  Darbhanga
Local Time 8:44 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.3 thousand for 12.0% annual interest, 5 years (Native Currency: INR 1,000,000)
Reason: We are seeking this fund to expand our business by buying more stock to cater to a bigger customer b... View More
Collateral Available: USD 0
Includes physical assets worth USD 17 thousand
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Business Name
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Business Overview
1. Specialization: the business operates as a welding shop, specializing in the fabrication of gates, window grills, and metal doors, catering to both residential and commercial customers.
2. Location: the business is strategically located in Darbhanga, Bihar.
3. Customer base: the business serves a steady flow of 50+ customers per month.
4. Pricing: The company charges customers between INR 10,000 to 25,000 per project.
5. Loan payment flexibility: the business offers the flexibility of loan payments starting one month after receiving the funding, providing an investor-friendly approach to financial arrangements.
6. Regulatory compliance: the company is registered with GST and holds Udyam certifications.
Products & Services Overview
We weld and make gates, window grills, and metal doors.
Assets Overview
Tangible assets: welding equipment and stock of aluminium, steel, and iron used for making the products.
The assets mentioned are crucial for the business as we use them in our daily operations.
Facilities Overview
The business operates from a rented shop of area 370 sq ft and incurs a monthly rent of INR 6.5K and is located in Darbhanga, Bihar.
Capitalization Overview
The business does not have any loans and is a sole proprietorship.
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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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