Ground Logistics Business Seeking Loan in Chennai, India
Transport agency providing lorries and trailers for coal and container transport seeks small-ticket funding.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 23.4 thousand |
| Run Rate Sales | USD 35 thousand |
| EBITDA Margin | 7 % |
| Industries | Ground Logistics |
| Locations | Chennai |
| Local Time | 2:05 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
11.7 thousand
for
12.0%
annual interest,
4
years
(Native Currency: INR 1,000,000)
Reason: Funds will be used for advance and final payments for the trucks that we have leased.
Collateral Available: USD 0
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Business Name
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User Verification
Documents
Business Overview
- Transport agency with an asset light model in Chennai.
- The business only leases 2 trailers and leases the lorries on short term basis as per demand.
- They have been operational for over two years, recently registered as an MSME.
- We find clients with the help of the owner's contacts and network.
- The owner seeks the loan mainly for advance and final payments for the trucks supplied.
- Business has a Udyam Registration Certificate, no other particular approvals or licenses are required by us.
- The business only leases 2 trailers and leases the lorries on short term basis as per demand.
- They have been operational for over two years, recently registered as an MSME.
- We find clients with the help of the owner's contacts and network.
- The owner seeks the loan mainly for advance and final payments for the trucks supplied.
- Business has a Udyam Registration Certificate, no other particular approvals or licenses are required by us.
Products & Services Overview
We supply 35mt and 30mt and 40mt lorries for coal transport, and also 20ft trailers for container transport.Our customers are logistics companies and coal companies that use us for transportation services.
The supply of lorries is the top selling service.
Assets Overview
The business does not own any tangible assets right now. We are leasing the 2 trailers.
Facilities Overview
We operate from a rented office in the Thanikachalam locality of Chennai.
Capitalization Overview
- They have an existing personal loan of INR 2.5 lakh, no loans on the business.- The business has a single owner.
Recent Activity
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Earlier than 15 daysGeneral Manager, Freight Forwarder, Dubai, Corporate Investor / Buyer connected with the Business
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