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Food Processing Business Seeking Loan in Bhadrak, India

Newly established trader of grocery items seeks funding to build a tie-up with direct manufacturer.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 400
Run Rate Sales USD 4 thousand
EBITDA Margin 0 - 10 %
Industries Food Processing
Locations  Bhadrak
Local Time 1:30 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.7 thousand for 8.0% annual interest, 2 years (Native Currency: INR 200,000)
Reason: To increase inventory.
Collateral Available: USD 700
Includes physical assets worth USD 530
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview

- Traders of grocery items based in Bhadrak, Odisha.

- Procures products from a wholesaler based in Bikaner, Rajasthan.

- The company was incorporated in May, 2017 and started its functions in 2018.

- Caters to retailers in multiple rural regions including Bhadrak, Gopalpur and Keonjhar.

- Proprietor is seeking additional capital to increase his inventory by sourcing products directly from a manufacturer based in Hyderabad.

Products & Services Overview

- Trader of Mustard Oil, Soybean oil and Papad.

Facilities Overview

Working from own residential premise.

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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