Laundry Supplies Business Seeking Loan in Vijayawada, India

Funding sought by a distressed producer and seller of washing powder and liquid detergent.

Established	5-10 year(s)
Employees	2 - 5
Legal Entity	Sole Proprietorship/Sole Trader
Reported Sales	USD 2 - 3 thousand
Run Rate Sales	USD 7 thousand
EBITDA Margin	0 - 10 %
Industries	Laundry Supplies
Locations	Vijayawada
Local Time	12:39 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Moderately Active

6.8 / 10

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Seeking Loan

USD 36 thousand for 8.0% annual interest, 7 years (Native Currency: INR 3,000,000)

Reason: Require funds to move to a bigger manufacturing facility, acquire more production machinery, and exp... View More

Collateral Available: USD 0

Includes physical assets worth USD 9 thousand

Name, Phone, Email

Available after connect

Business Name

Available after connect

User Verification

Business Overview

- Manufacturer and seller of detergents.

- The business operates from a 500 Sq Ft. rented space.

- Products are sold under a company-owned brand name.

- Pre-Covid, we used to sell our products through retailers in West Bengal, and Ahmedabad.

- Post-covid we have been selling products only to retailers in and around Vijayawada.

- Sole proprietor of the business and no history of bank loans or informal borrowings.

Products & Services Overview

Detergent, washing powder, and liquid detergent for clothes. Products are sold under a unique brand name.

Assets Overview

Semi-automatic machine for the processing of chemicals and production of washing powder. Semi-automatic packing machine.

Facilities Overview

500 sq. ft. of rented space that functions as the manufacturing space and office.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Founder, Mumbai, Financial Consultant connected with the Business
Earlier than 15 days
Independent Advisor, Hyderabad, Financial Consultant connected with the Business

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