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    Auto Component Company Seeking Loan in Faridabad, India

    Start-up company planning to manufacture parts for heavy trucks seeks business loan to purchase machinery.
    Established 1-5 year(s)
    Employees 5 - 10
    Legal Entity Private Limited Company
    Reported Sales Nil
    Run Rate Sales Nil
    EBITDA Margin Nil
    Industries Auto Component
    Locations  Faridabad
    Local Time 9:29 AM Asia / Kolkata
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    6.4 / 10
    Compare with industry
    Seeking Loan
    USD 120 thousand for 13.0% annual interest, 10 years (Native Currency: INR 10,000,000)
    Reason: To purchase machinery and raw materials. To start operations and for working capital.
    Collateral Available: USD 0
    Includes physical assets worth USD 180 thousand
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    ROC-Verification.pdf
    ROC-Verification.pdf (59.6 KB)
    Business Overview

    - Company is based out of Faridabad and plans to manufacture parts for commercial heavy trucks.

    - We will produce auto parts such as chassis, front hood cabins, bumpers, mudguards, brakes assemblies, suspension systems.

    - In talks with international truck companies to get manufacturing contracts.

    - Once we receive funds we will purchase machinery and start the manufacturing process.

    - Promoter has another family business producing industrial tools and has more than 10 years of overall industry experience.

    - Business owns 4,000 sqft land with factory and office.

    Products & Services Overview

    We plan to manufacture parts of trucks such as chassis, front hood cabins, bumpers, mudguards, brakes assemblies, suspension systems.

    Facilities Overview

    Owned 4,000 sqft factory and office in Faridabad.

    Capitalization Overview
    Not Disclosed
    Recent Activity
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    Newly Established Auto Component Company Seeking Loan in Faridabad, India

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    Newly Established Auto Component Company Seeking Loan

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    Lend to Newly Established Auto Component Company

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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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