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Import / Export Business Seeking Loan in Mumbai, India

Starting an import and wholesale business for home use telebrand products.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Import / Export
Locations  Mumbai
Local Time 9:41 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 30 thousand for 10.0% annual interest, 15 years (Native Currency: INR 2,500,000)
Reason: Require funding to purchase products and start operations.
Collateral Available: USD 12 thousand
Includes physical assets worth USD 6 thousand
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Business Overview

- We are planning on starting an import and wholesale business.

- Company would be importing telebrand home use products like treadmills and electric cycles to sell in India.

- These products would be imported from neighbouring countries like China and Hong Kong.

- Company has already acquired import / export code certification and would be selling products pan India.

- We expect to purchase between 4 to 6 containers of products annually.

- Promoter has over 6 years of experience working with imports and purchase of such products.

Products & Services Overview

Home use telebrand products such as treadmills and electric cycles.

Facilities Overview

Working from home.

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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