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Import / Export Business Seeking Loan in Pune, India

Startup merchant exporter seeking working capital to export perishable goods including frozen fish, chicken, vegetables.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Agriculture Wholesale + 1 more
Locations  Pune
Local Time 3:32 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.2 million for 10.0% annual interest, 1 year (Native Currency: INR 180,000,000)
Reason: Have recently secured an order worth INR 22.75 crore for 700 MT of frozen fish and we are required t... View More
Collateral Available: USD 0
Interested to connect with advisors
Business Overview

- Merchant exporter seeking working capital to export vegetables, onions, frozen chicken, and fish from India.

- The business was registered in 2018 and is yet to start commercial operations.

- Have identified potential buyers in Singapore, Malaysia, Sri Lanka, Philippines, Thailand, and countries in West Africa and the Middle East.

- We expect to target exports of around 150MT of produce each month.

- The produce will be bought locally and orders will be procured, from a network of 15-20 already identified agents.

- The frozen chicken will be sourced from reputed brands such as Sugna chicken, Venkys, and Baramati Agro.

- The vegetables and fish will be sourced from local vendors and fisheries respectively.

- The business has a valid IEC license and GST registration and will operate with an average gross profit margin of 13.75%.

- We plan to offer a credit period of 15 days to our customers.

- Promoter has experience in handling import-export operations since 2003.

Products & Services Overview

Vegetables, frozen fish (Indian mackerel), frozen chicken (whole) without giblets with skin, red onions, and cashew nuts kernel (W320 quality).

Assets Overview

Business does not have any physical assets.

Facilities Overview

Rented office space with a built-up area of 350 sq. ft. Monthly rent of INR 15,000.

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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