Seafood Processing Business Seeking Loan in Veraval, India

- Export of frozen seafood to United kingdom, spain, italy, france, africa, China, Vietnam, Malaysia, Thailand, and Bangladesh.

- Have exported over 300 containers so far.

- Export around 2,500MT of seafood each year.

- We export roughly 7-8 MT of fish each day.

- The produce is bought locally and we get orders from 15-20 agents.

- Have rented a factory for fish processing that has a capacity to sort and package 22 MT of fish every day.

- Have also trade financed the export operations of other exporters for a commission.

- Have completed around INR 40 lakh of trade financing deals so far.

- Revenue from trade financing is not significant at this point.

- Physical assets include inventory.

Frozen seafood processing and export, trade financing.

Physical assets include inventory and stock.

Intangible assets include goodwill.

Leased 3,000 sq. m. factory space in the GIDC. The factory is leased for a period of 2 years and is equipped with a cold storage facility and office space worth Rs 15crores.

We are already successfully using an invoice financing service from one of the client which has been introduced by smergers.