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Manpower Supply Company Seeking Loan in Ahmedabad, India

Blue collar manpower supplier company catering to 3 clients seeks a loan.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 290 thousand
Run Rate Sales USD 416 thousand
EBITDA Margin 4 %
Industries Manpower Supply
Locations  Ahmedabad
Local Time 3:49 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 34.6 thousand for 10.0% annual interest, 10 years (Native Currency: INR 3,000,000)
Reason: Need funds for improving the cashflow and for business growth.
Collateral Available: USD 0
Includes physical assets worth USD 2.3 thousand
Interested to connect with advisors
Documents
Business Overview
- We started 5 years ago with blue-collar workers sourcing.
- Currently, we are working with a leading automobile manufacturing company, a pharmaceutical company, and a wire harness company.
- We are outsourcing manpower to 3 clients in Gujarat.
- Charge a 6% service charge from our client.
- We are expanding our business by getting new clients like Mother-Son Highly and many more.
- The business is registered in Bilai but we are operating from both Bilai and Ahmedabad.
Products & Services Overview
Blue collar manpower supplier, workforce supplier, we source and outsource manpower in pan India.
Assets Overview
Office furniture including computers, AC, and laptops.
Facilities Overview
- We have 2 offices one in Bilai and one in Gujarat with a built-up area of 600 sqft each with 3 cabins in rent. We are totally paying INR 12,000.
- The office in Bilai is located in the south of the city.
Capitalization Overview
- To date, we invested our own funds however now we need investment to do the rotation of funds for the salary.
- The company has 3 directors with a 90% shares held by one director.
- No loans under the business.
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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