Industrial Machinery Wholesale Business Seeking Loan in Salem, India
Industrial machinery wholesale company served 900+ clients seeks loan to finance orders and purchase inventory.
| Established | 40-50 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 176 thousand |
| Run Rate Sales | USD 70 thousand |
| EBITDA Margin | 20 % |
| Industries | Industrial Machinery Wholesale |
| Locations | Salem |
| Local Time | 3:55 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
59 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 5,000,000)
Reason: To finance current orders and purchase inventory.
Collateral Available: USD 176 thousand
Includes physical assets worth
USD
290 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- 900 clients served.
- Utilized in spinning mills, sago factories, and sabudha factories.
- Market coverage extends to Salem, Namakal, and Bangalore, serving clients in the rice mill and broader industrial machinery industries.
- Manufacturing operations outsourced to over 100 suppliers.
- Sales experienced a decline this year attributed to supply chain challenges.
- Utilized in spinning mills, sago factories, and sabudha factories.
- Market coverage extends to Salem, Namakal, and Bangalore, serving clients in the rice mill and broader industrial machinery industries.
- Manufacturing operations outsourced to over 100 suppliers.
- Sales experienced a decline this year attributed to supply chain challenges.
Products & Services Overview
- The product range encompasses transmission components like chains, sprockets, bearings, and belts.- These products are utilized in various industries, including rice milling and other industrial machinery sectors.
- The clientele comprises both B2C and B2B customers.
Assets Overview
- Property valued at INR 1 crore.- Inventory worth INR 1.5 crore.
- Since our assets are not liquid, we need funds to fulfill orders.
Facilities Overview
- Our facility spans 1,000 square feet.- We own the property.
- It is located in the Old Market area in Salem.
Capitalization Overview
- Sole ownership at 100%.- No outstanding loans.
- Self-funded.
Recent Activity
-
Earlier than 15 daysIndividual Advisor, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Mumbai, Financial Consultant connected with the Business
Tags:
Industrial Machinery Wholesale Business Seeking Loan in Salem, India
·Industrial Equipment Wholesale Business Seeking Loan in Salem, India
·Lend to Industrial Machinery Wholesale Business in Salem, India
·Lend to Industrial Equipment Wholesale Business in Salem, 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
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