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LNG Transportation Company Seeking Loan in Chennai, India

We are doing high sales volume of Petroleum products which includes Diesel and Fuel oils.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 1 - 2 million
Run Rate Sales USD 1.4 million
EBITDA Margin 8 %
Industries LNG Transportation
Locations  Chennai
Local Time 9:37 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.27 million for 17.0% annual interest, 4 years (Native Currency: INR 120,000,000)
Reason: We have come across various customers to supply diesel and fuel oil. In order to enhance sales, we n... View More
Collateral Available: USD 0
Includes physical assets worth USD 42 thousand
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Business Overview
- We have 25+ 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 2 fuel bowsers and 1 large fleet till date.
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.
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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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