Import / Export Business Seeking Loan in Nellore, India
Aquaculture produce trading business, purchasing from 20 agents and selling it to 15 exporters.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | USD 8.1 million |
| Run Rate Sales | USD 16.4 million |
| EBITDA Margin | 2 % |
| Industries | Fishing + 1 more |
| Locations | Nellore |
| Local Time | 2:46 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
1.13 million
for
13.0%
annual interest,
8
years
(Native Currency: INR 100,000,000)
Reason: Seeking unsecured business loan for working capital and to pay off current loans.
Collateral Available: USD 0
Includes physical assets worth
USD
80 thousand
Interested to connect with advisors
Business Overview
- Aquaculture produce trading company that focuses on shrimp based in Nellore inviting lenders for an business loan without property collateral.
- Shrimp are purchased from 20 agents in Andhra Pradesh, Chennai and Orissa. We sell the shrimp to exporters and currently sell to 15 such companies.
- The firm is asset light and does not maintain any storage. The shrimps are purchased, packaged and transported on the same day removing the need for storage.
- Revenue has increased this year as we took a loan which helped us purchase larger quantities and sell more.
- Promoters of the firm have significant background in the shrimping industry with experience in operating hatcheries on a lease basis as well as family businesses in the industry.
- Shrimp are purchased from 20 agents in Andhra Pradesh, Chennai and Orissa. We sell the shrimp to exporters and currently sell to 15 such companies.
- The firm is asset light and does not maintain any storage. The shrimps are purchased, packaged and transported on the same day removing the need for storage.
- Revenue has increased this year as we took a loan which helped us purchase larger quantities and sell more.
- Promoters of the firm have significant background in the shrimping industry with experience in operating hatcheries on a lease basis as well as family businesses in the industry.
Products & Services Overview
Trading of shrimp, trading of processed shrimp.
Facilities Overview
We have a rented office in Nellore.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysIndependent Advisor, New Delhi, Financial Consultant connected with the Business
-
Earlier than 15 daysBusiness Consultant, Technology & Capital Solutions, Hyderabad, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Chennai, Financial Consultant connected with the Business
Tags:
Import / Export Business Seeking Loan in Nellore, India
·Lend to Import / Export Business in Nellore, India
·Fishing Business Seeking Loan in Nellore, India
·Lend to Fishing Business in Nellore, India
·Import / Export Business Seeking Loan
·Lend to Import / Export Business
·Fishing Business Seeking Loan
·Lend to Fishing Business
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