Need help?

Home Appliances Company Seeking Loan in Bilaspur, India

Manufacturer of home and kitchen appliances with 20 B2B clients seeking loan to expand operations.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 22.7 thousand
Run Rate Sales USD 27.3 thousand
EBITDA Margin 10 %
Industries Home Appliances + 1 more
Locations  Bilaspur
Local Time 12:56 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 34 thousand for 10.0% annual interest, 4 years (Native Currency: INR 3,000,000)
Reason: The company seeks a working capital loan to hire additional employees, expand its client base, and e... View More
Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- The company is a manufacturer of home and kitchen appliances.
- We produce items such as induction stoves, iron boxes, food choppers, and bulbs.
- Our products are made through an OEM manufacturer.
- We primarily serve B2B clients and currently have 20 active customers.
- We have 5 permanent employees who ensure smooth operations.
- The company is registered as a private limited entity and is GST and MSME compliant.
Products & Services Overview
Top-selling products include kitchen induction stoves and iron boxes. These products are widely used by households and small businesses.
Assets Overview
The business has no tangible assets.
Intangible assets:
- Distribution network.
- Private limited entity.
- GST and MSME registration.
Facilities Overview
The company operates from an 800 sq. ft. office, which is privately owned by the shareholders and not a company asset.
Capitalization Overview
The company has two shareholders and operates without any loans.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Investors viewed this Business this week. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more