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LNG Transportation Company Seeking Loan in Chennai, India

We are doing high sale volume of Diesel and Industrial Fuel oil.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 3 %
Industries LNG Transportation
Locations  Chennai
Local Time 5:42 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 236 thousand for 17.0% annual interest, 4 years (Native Currency: INR 20,000,000)
Reason: We have come across various customers to supply diesel and coal. In order to enhance sales we need f... View More
Collateral Available: USD 23.6 thousand
Includes physical assets worth USD 23.6 thousand
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Business Name
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Business Overview
- We have 10+ Clients.
- We are making revenues from the profitable customers with a frame of agreement for long term supply.
- Customer has been delighted with our services offered.
- We are building trust with various new customers and have received appreciation from our customers.
- Recently we received an order for the supply of 100KL/ month.
Products & Services Overview
1. We are highly engaged in doorstep diesel delivery business. Our renowned client segment includes RMC plants, construction companies, commercial vehicle operators for high volume consumption on daily basis.
We have also engaged with Industrial fuel supply for confectionary and anlumium industries.
Assets Overview
Tangible assets include 1 fuel bowser and 1 desktop.
Facilities Overview
Operations are run from a rented 800 square feet office in Kelambakkam.
Capitalization Overview
- Business has been funded 75% by the bank and 25% is self-funded.
- The company has 2 directors with 49% and 51% shareholding.
- Have an outstanding loan of 20Lakhs.
Recent Activity
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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.
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