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Food Ingredients Business Seeking Loan in Satna, India

Non-operational food processing business seeks a business loan to complete the manufacturing plant setup.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Food Ingredients
Locations  Satna
Local Time 11:58 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 50 thousand for 10.0% annual interest, 3 years (Native Currency: INR 4,000,000)
Reason: The manufacturing plant is under construction and the company is short of funds to complete the setu... View More
Collateral Available: USD 60 thousand
Includes physical assets worth USD 70 thousand
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Business Name
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Documents
GST Certificate
Business Overview

- The business is recently registered and the manufacturing plant is under construction.

- Establishing food ingredients and food products manufacturing plant.

- The products will be sold under our own brand name to distributors as well as through the eCommerce website pan India.

- Already invested more than INR 80 lakhs in the business and are now short of funds to complete the setup.

- We can provide proper collateral for this loan.

Products & Services Overview

We will be manufacturing:

- Tomato ketchup.

- Sauces (chilli, schezwan, continental, culinary, etc. ).

- Papaya puree, mango puree, and various other food products.

Assets Overview

Plant, machinery, and office infrastructure are the major assets owned by the company.

Facilities Overview

The manufacturing plant is under construction on the land owned by the promoters and has an area of around 25,000 square feet.

Capitalization Overview
Not Disclosed
Recent Activity
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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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