Import / Export Business Seeking Loan in Veraval, India

Seafood exporter with a yearly production of 2,500 MT and export operations to 5 countries.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 3.2 million
EBITDA Margin
10 - 20 %
Industries
Locations
Local Time
7:06 PM Veraval
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 1.3 million for 12.0% annual interest, 2 years (Native Currency: INR 100,000,000)
Reason: The funds will be used as working capital to purchase more inventory and increase turnover. A minor ... View More
Collateral Available: USD 80 thousand
Includes physical assets worth USD 90 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Export of frozen seafood to 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.

Products & Services Overview

Frozen seafood processing and export, trade financing.

Facilities Overview
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more