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Newly Established Construction Machinery Business Seeking Loan in Kozhikode, India

Future compact concrete construction equipment sub dealership seeking loan to begin full scale operations.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Construction Machinery
Locations  Kozhikode
Local Time 7:57 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 14.3 thousand for 12.0% annual interest, 3 years (Native Currency: INR 1,300,000)
Reason: Looking for the fund to expand the infrastructure, fund for buying the machine to start a machine re... View More
Collateral Available: USD 0
Includes physical assets worth USD 1.1 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Recently established business that will provide construction machinery to different scale of construction sites in urban and rural Kerala.
- We will specialise in compact concrete construction equipment.
- Kerala is facing strong labour shortage in construction business where our machines will be the perfect solution.
Targeted clients are:
1. Small and medium contractors in PWD, Irrigation and in building segment.
2. Villa / house building contractors.
3. Private building contractors.
4. Sub contractors.
5. JCB rental players.
6. Mini excavator rental players.
7. Municipalities and corporations.
- Our business requires only a GST Certificate to operate right now and it has a GST Certificate.
Products & Services Overview
Perfect concrete solution for:
- Small & medium construction sites.
- Rural and semi-urban projects.
- Narrow road / space-restricted areas.
- Individual house construction.
- Concrete brick making industry.
Assets Overview
Tangible assets include.
- Office, furniture and fixtures.
Facilities Overview
Head office at Calicut, Kerala, currently operating in 300 sq feet office with 4 employees.
Capitalization Overview
- No loans or external investors as of now.
- The single owner has invested INR 7.7 lakh of their own money to date.
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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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