Newly Established Apparel and Accessories Business Seeking Loan in Ludhiana, India
Apparel business with renowned clients like V Mart and Myntra, seeks loan for working capital.
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 140 thousand |
| EBITDA Margin | 15 % |
| Industries | Apparel and Accessories |
| Locations | Ludhiana |
| Local Time | 6:12 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
117 thousand
for
12.0%
annual interest,
10
years
(Native Currency: INR 10,000,000)
Reason: Funds will be used as business working capital.
Collateral Available: USD 175 thousand
Includes physical assets worth
USD
70 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
(86.5 KB)
MSME Certificate
(216.9 KB)
Business Overview
- Apparel manufacturing business based in Ludhiana.
- Clients are V Mart, Monte Carlo, Myntra & Shell.
- Promoter's work experience is of 28 years.
- Some buyers pay 20% advance payment and balance is cleared in 30-45 days payments & some buyers payments is 45-60 days after GRN (Goods Received Note).
- The business has an MSME and GST Certificate.
- Clients are V Mart, Monte Carlo, Myntra & Shell.
- Promoter's work experience is of 28 years.
- Some buyers pay 20% advance payment and balance is cleared in 30-45 days payments & some buyers payments is 45-60 days after GRN (Goods Received Note).
- The business has an MSME and GST Certificate.
Products & Services Overview
- We sell t-shirts and track pants.- These are sold to big chain retailers and brands like V Mart and Monte Carlo.
Assets Overview
Tangible assets include machinery and stock with a total value of INR 60 lakh.
Facilities Overview
- Rented 5,000 sq. ft. area on single floor.- Located in Ludhiana.
Capitalization Overview
50 lakh is owner's self investment in the business.100% owned by the proprietor.
Tags:
Newly Established Apparel and Accessories Business Seeking Loan in Ludhiana, India
·Lend to Newly Established Apparel and Accessories Business in Ludhiana, India
·Newly Established Apparel Business Seeking Loan in Ludhiana, India
·Newly Established Apparel and Accessories Business Seeking Loan
·Lend to Newly Established Apparel Business in Ludhiana, India
·Lend to Newly Established Apparel and Accessories Business
·Newly Established Apparel Business Seeking Loan
·Lend to Newly Established Apparel Business
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