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Household Products Business Seeking Loan in Virar, India

Manufacturer and exporter of bucket handles and wire nails having good tie ups with corporates.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 400 thousand
Run Rate Sales USD 430 thousand
EBITDA Margin 12 %
Industries Fabricated Metal Products + 1 more
Locations  Virar
Local Time 7:26 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 60 thousand for 24.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: For business expansion & to purchase machinery.
Collateral Available: USD 0
Includes physical assets worth USD 54 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Introduction
Business Overview
- Manufacturing unit engaged in the production of Ms Wires, bucket handles and wire nails, Chain links Etc.
- Have tie ups with 5-6 regular clients like Jolly Containers, Parekh Plast India Ltd.
- Supplying to distributors across the country.
- Also exports to Middle East and African countries.
- Having regular corporate clients in UAE.
- Daily production is worth around Rs 75,000.
- Promoter has 5 years of experience.
Products & Services Overview
- Manufacturer and exporter of MS Bucket Handles, MS Wire Nails, Chain Links, Barb Wires, Binding Wires.
Facilities Overview
Rental 3 galas of 7,000 Sq Ft.
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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