Newly Established Edible Oil Business Seeking Loan in Raigarh, India
Small scale edible oil manufacturer in Raigarh, seeks debt funding to help scale the business.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 4.6 thousand |
| Run Rate Sales | USD 6.9 thousand |
| EBITDA Margin | 10 % |
| Industries | Edible Oil |
| Locations | Raigarh |
| Local Time | 9:38 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
29 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 2,500,000)
Reason: Funds will be used to:
- Buy more raw material so that we can increase output and revenue. (INR 20-...
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Collateral Available: USD 0
Includes physical assets worth
USD
9.2 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Edible oil manufacturing business in Raigarh.
- The business currently only produces mustard oil, but we soon plan to start peanut oil production as well.
- In an 8-10 hour shift we can produce 300 litres of oil.
- Currently we are able to use about 50% of actual capacity.
- We also do job work for farmers who give us their raw mustard from which we extract oil and give the oil back to them.
- Business has an FSSAI license.
- The business currently only produces mustard oil, but we soon plan to start peanut oil production as well.
- In an 8-10 hour shift we can produce 300 litres of oil.
- Currently we are able to use about 50% of actual capacity.
- We also do job work for farmers who give us their raw mustard from which we extract oil and give the oil back to them.
- Business has an FSSAI license.
Products & Services Overview
The top selling product is mustard oil that we sell to local retailers in Raigarh.
Assets Overview
Tangible assets include our brand new oil extraction and processing machinery.
Facilities Overview
- We operate from a proprietor owned property.- We use about 1,000 sq. ft. of space in the proprietor's home property that's spread over 1 acre.
Capitalization Overview
- No loans or debts.- Single owner owns the entire business.
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·Newly Established Edible Oil Business Seeking Loan in Raigarh, India
·Newly Established Solvent Extraction Business Business Seeking Loan
·Lend to Newly Established Edible Oil Business in Raigarh, India
·Newly Established Vegetable Oil Business Business Seeking Loan
·Lend to Newly Established Solvent Extraction Business Business
·Newly Established Cooking Oil Refinery Business Seeking Loan
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·Newly Established Palm Oil Company Business Seeking Loan
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·Newly Established Edible Oil Business Seeking Loan
·Lend to Newly Established Edible Oil Business
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