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Machine Shop Seeking Loan in Kochi, India

10-year-old business associated with hundreds of customers seeks investors for business development and expansion.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 5.9 thousand
Run Rate Sales USD 184 thousand
EBITDA Margin 25 %
Industries Machine Shops
Locations  Kochi
Local Time 7:26 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 88 thousand for 10.0% annual interest, 5 years (Native Currency: INR 7,500,000)
Reason: The business requires funds to clear out the liabilities pending.
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
Business Overview
- We are into wholesale and retail of various industrial equipment.
- Have been in the business for almost ten years.
- The business was badly impacted by the pandemic and that is the sole reason for the decrease in revenue last year.
- We are associated with hundreds of customers for the sale of our products.
- Quality service and customer satisfaction are our unique selling points.
- Tied up with brands like Havells for the supply of the products.
- Business is registered in Bengaluru but its headquarters is in Kochi.
- The business can not provide anything but bank cheques as collateral.
- Liabilities worth INR 75 lakhs are pending on the business and the sole owner of the business seeks a loan to clear out the same.
Products & Services Overview
We deal in pumps, valves, motors, etc, and are used for industrial as well as agricultural purposes.
Assets Overview
There are no valuable assets that are owned by the company except for authorized distribution licenses for some products.
Facilities Overview
We have two rented offices in Kochi and Bangalore, respectively.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Partner, Chennai, Financial Consultant connected with the Business
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2 Investors already contacted this Business. Register below to connect now!
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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