Medical Devices Company Seeking Loan in Chennai, India

Chennai-based business which outsources manufacturing of medical devices to "cluster partners" and does marketing seeks a loan.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
11:33 PM Chennai
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 140 thousand for 10.0% annual interest, 3.0 years (Native Currency: INR 10,000,000)
Reason: To scale up the cluster unit in Kerala.
Collateral Available: USD 14 thousand
Includes physical assets worth USD 35 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- This business itself is not involved in manufacturing. It sets up clusters in various locations which do the manufacturing, and this business shares know-how of the same and also helps in marketing activities.

- Business has signed a cluster partner in Kerala who'll be manufacturing these products.

- A second cluster partner is coming up with the facility in Tamil Nadu.

- Promoter has 3 decades of experience.

- Sales will come from equity holdings in clusters and from other sources.

Products & Services Overview

Tertiary care medical devices.

Facilities Overview
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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