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Home Furnishings Wholesale Company Seeking Loan in Rangia, India

Newly operational home furnishing wholesale company purchasing directly from manufactures seeking a business loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 6.8 thousand
Run Rate Sales USD 20.3 thousand
EBITDA Margin 35 %
Industries Home Furnishings Wholesale
Locations  Rangia
Local Time 5:46 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.3 thousand for 12.0% annual interest, 10 years (Native Currency: INR 1,000,000)
Reason: To expand the business in order to meet distributors' requirements.
Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- The business operates as the wholesaler in home furnishings.
- The business was established in 2017 but started its operations in November 2020 and is generating good revenue every month.
- We purchase products directly from the manufacturers and other large-scale distributors in Delhi and Mumbai.
- The company generates its revenue from sales to wholesalers in Assam.
- The company has tie-ups with 7 wholesalers.
- We do not have anything to offer as collateral but cheques, thus expecting a low valuation.
- We have a good demand for our products but are unable to meet the requirement due to lack of funds and seeking a business loan for the same.
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Products & Services Overview
- Wallpapers.
- Floor mats.
- Home furnishing solutions.
Assets Overview
The business does not own any physical assets.
Facilities Overview
The business is established at a rental property.
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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