Food Wholesale Company Seeking Loan in Salem, India
Food wholesale company in Salem with 15+ suppliers and 17+ distributors seeks funds.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Public Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Food Wholesale |
| Locations | Salem |
| Local Time | 6:28 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
56 thousand
for
10.0%
annual interest,
1
year
(Native Currency: INR 5,000,000)
Reason: Require funds for procuring the stock.
Collateral Available: USD Not Available
Documents
ROC-Verification.pdf
(65.7 KB)
Business Overview
- The company plans on selling a diverse range of products including rice, grains, beverages, soap, chocolate, pulses, and spices.
- Contracts have been signed with 15 manufacturers to ensure a steady supply of these products, which supports smooth financial operations and interest payments.
- The promoters of the company have 13 years of experience in the industry.
- The company has identified 17 distributors to facilitate efficient distribution of products.
- We hold all necessary licenses and registrations, including FSSAI, GST, PAN, TAN, and company incorporation.
- We intend to supply products throughout the state of Tamil Nadu (TN).
- Contracts have been signed with 15 manufacturers to ensure a steady supply of these products, which supports smooth financial operations and interest payments.
- The promoters of the company have 13 years of experience in the industry.
- The company has identified 17 distributors to facilitate efficient distribution of products.
- We hold all necessary licenses and registrations, including FSSAI, GST, PAN, TAN, and company incorporation.
- We intend to supply products throughout the state of Tamil Nadu (TN).
Products & Services Overview
Company plans on selling:Rice, grains, beverages, soap, chocolate, pulses, spices.
B2B operations.
Assets Overview
No major assets in the name of the company.
Facilities Overview
Office in Central Salem.Sq ft area is 400.
Rent per month is INR 10k.
Capitalization Overview
7 shareholders in total.97.6 with majority shareholders.
No loans or debts.
Recent Activity
-
Earlier than 15 daysIndependent Advisor, Coimbatore, Commercial Real Estate Broker connected with the Business
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