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Medical Supplies Company Seeking Loan in Hyderabad, India

Web development and software solution company looking to start distribution of healthcare products.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 360 thousand
Run Rate Sales USD 430 thousand
EBITDA Margin 15 %
Industries Medical Supplies + 1 more
Locations  Hyderabad
Local Time 2:51 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 500 thousand for 10.0% annual interest, 1 year (Native Currency: INR 40,000,000)
Reason: Require funds to import products, set up distribution channel and acquire import license.
Collateral Available: USD 0
Includes physical assets worth USD 120 thousand
Documents
Business Overview

- We are a website development and application software solution company looking to expand our verticals.

- Our company website for our IT services is temporarily on hold and it will be put back live soon.

- Have 8 active clients at the moment who are all multi national companies for our software solution services.

- Our business has been negatively affected by the current global situation so we are looking for alternate business lines to pursue.

- Plan to start distributing healthcare products, mainly the 3M brand N95 masks.

- As part our regular business we have acquired numerous contacts in the Government of Telangana and healthcare sector.

- These contacts have expressed their interest to us for healthcare products such as face masks.

- We have acquired a source from whom we can import the products. The products will be imported from Belgium and London.

- Our company would act as a main distributor for this product and would supply it to our contacts as well as to other distributors pan India.

- It would take us around 45 days post investment to acquire the export licenses and set up the distribution channels.

- Promoter has been in the software solutions industry for over 14 years.

- Company's physical assets include furniture and laptops.

Products & Services Overview

Software solutions and website development. Looking to start distribution of 3M brand N95 masks.

Facilities Overview

Leased office space of 3,300 Sq Ft in Hyderabad.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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