Newly Established Conveyor Company Seeking Loan in Moroni, USA
Start-up business specializes in conveyor belt accessories and parts, seeking funds to start business operations.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | S Corporation |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Conveyor |
| Locations | Moroni |
| Local Time | 2:09 PM America / Denver |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
50 thousand
for
8.5%
annual interest,
10
years
(Native Currency: USD 50,000)
Reason: Seeking funds to start the business operations. We are open to funding in lower ticket sizes and rea...
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Collateral Available: USD 0
Includes physical assets worth
USD
7 thousand
Name, Phone, Email
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Business Name
Available after connect
User Verification
Business Overview
- The company is located in Moroni and specializes in trading and production of conveyor belt accessories and parts.
- The flagship product, the belt saver, is the first of its kind in the industry, designed to efficiently address mistracking conveyor belts.
- Currently production is not in-house, planning to start our own production in the future.
- The belt saver attaches to the shaft of a tail pulley, providing a temporary fix to prevent belt sliding and associated production issues.
- The product is suitable for anyone with a conveyor belt, offering various sizes to accommodate different shaft and tail pulley dimensions.
- In addition to the belt saver, the company also offers belt repairs and screen changing services.
- The owner of the company has a background in belting and mining, bringing relevant industry experience to the business.
- The company's offerings are positioned as temporary solutions to keep production moving forward, rather than permanent fixes for conveyor belt issues.
- The flagship product, the belt saver, is the first of its kind in the industry, designed to efficiently address mistracking conveyor belts.
- Currently production is not in-house, planning to start our own production in the future.
- The belt saver attaches to the shaft of a tail pulley, providing a temporary fix to prevent belt sliding and associated production issues.
- The product is suitable for anyone with a conveyor belt, offering various sizes to accommodate different shaft and tail pulley dimensions.
- In addition to the belt saver, the company also offers belt repairs and screen changing services.
- The owner of the company has a background in belting and mining, bringing relevant industry experience to the business.
- The company's offerings are positioned as temporary solutions to keep production moving forward, rather than permanent fixes for conveyor belt issues.
Products & Services Overview
Products include -Belt saver.
Belt saver 16" with a 2.5 shaft.
Belt savers 16" with a 2.9 shaft.
Industries where a conveyor belt is used such as manufacturers, mining, food processing, warehousing and distribution, automotive, agriculture, airports etc. can use the product.
Assets Overview
Physical assets include the products inventory currently owned.
Facilities Overview
No dedicated physical facility as of now, operating from residential premises.
Capitalization Overview
Business is self-funded.No outstanding loans or liabilities.
There is 1 owner, holding 100% shares in the business. all out of pocket.
Recent Activity
-
Earlier than 15 daysConsultant, Odenton, Business Broker connected with the Business
Tags:
Newly Established Conveyor Equipment Company Seeking Loan in Moroni, United States
·Newly Established Conveyor Belt Company Seeking Loan in Moroni, United States
·Lend to Newly Established Conveyor Equipment Company in Moroni, United States
·Newly Established Conveyor Company Seeking Loan in Moroni, United States
·Lend to Newly Established Conveyor Belt Company in Moroni, United States
·Lend to Newly Established Conveyor Company in Moroni, United States
·Newly Established Conveyor Equipment Company Seeking Loan
·Newly Established Conveyor Belt Company Seeking Loan
·Lend to Newly Established Conveyor Equipment Company
·Newly Established Conveyor Company Seeking Loan
·Lend to Newly Established Conveyor Belt Company
·Lend to Newly Established Conveyor Company
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