Industrial Machinery Wholesale Business Seeking Loan in Haridwar, India
Enhance cashflow of a B2B and B2G industrial machinery supplier with a 15-year track record.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 100 - 200 thousand |
| Run Rate Sales | USD 137 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Industrial Machinery Wholesale |
| Locations | Haridwar |
| Local Time | 9:50 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
17 thousand
for
10.0%
annual interest,
2
years
(Native Currency: INR 1,500,000)
Reason: Business requires working capital as the payment period from government clients is 45-60 days and be...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
17 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- We have clients like BHEL, Indian Ordinance Factory, DRDO, CISO, HAL, ITC, Hero Group, and Mahindra.
- We apply for tenders for the government clients and we are registered vendors for the private sector clients.
- Revenue split is 50:50 between government and private sector clients.
- All the clients enjoy a 45-60 day payment period.
- Business has a GST certificate.
- The promoter is an engineer, has 15 years of experience in running this business and before served in prestigious MNC companies.
- We apply for tenders for the government clients and we are registered vendors for the private sector clients.
- Revenue split is 50:50 between government and private sector clients.
- All the clients enjoy a 45-60 day payment period.
- Business has a GST certificate.
- The promoter is an engineer, has 15 years of experience in running this business and before served in prestigious MNC companies.
Products & Services Overview
- We supply CNC machine inserts, cutting tools, diamond tools, cutting oil, and many different types of industrial machinery.- Our top selling products are the CNC machine inserts.
- These are sold to companies like BHEL, Indian Ordinance Factory, DRDO, CISO, HAL, ITC, Hero Group, and Mahindra.
Assets Overview
Tangible assets include product stock worth INR 15 lakh.
Facilities Overview
- 1,000 sq. ft. proprietor owned property serves as our headquarters.- Located in Haridwar.
Capitalization Overview
- The business has a single owner.- Business is financed through its cashflow and sometimes supplemented by the owner's personal funds.
Recent Activity
-
Earlier than 15 daysGeneral Manager, Electronics Manufacturer, Nepanagar, Individual Investor / Buyer connected with the Business
Tags:
Industrial Machinery Wholesale Business Seeking Loan in Haridwar, India
·Industrial Equipment Wholesale Business Seeking Loan in Haridwar, India
·Lend to Industrial Machinery Wholesale Business in Haridwar, India
·Lend to Industrial Equipment Wholesale Business in Haridwar, India
·Industrial Machinery Wholesale Business Seeking Loan
·Industrial Equipment Wholesale Business Seeking Loan
·Lend to Industrial Machinery Wholesale Business
·Lend to Industrial Equipment Wholesale 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. 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
1 Investor contacted this Business this month.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 62,500+ other businesses of all sizes.
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