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Electric Equipment Wholesale Business Seeking Loan in Nagpur, India

Company engaged in the business of electrical goods having 500+ customers within a short span of time.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 140 thousand
EBITDA Margin 15 %
Industries Electric Equipment Wholesale
Locations  Nagpur
Local Time 6:36 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 18 thousand for 10.0% annual interest, 10 years (Native Currency: INR 1,500,000)
Reason: To improve business by keeping the material in stock and also looking for a new office.
Collateral Available: USD 1.2 thousand
Includes physical assets worth USD 2.4 thousand
Interested to connect with advisors
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Business Name
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GST Enrolment
Business Overview

- We have already reached 500+ clients.

- Owner has 17 years of experience in this Industry.

- 40% growth per year order-wise.

- We have customers all over India.

- We have cash, cheque, online or DD payment transition modes.

- We always do Transparent trade practices, with complete customer satisfaction.

- We have tied up with different e-Commerce websites like Indiamart, Tradeindia, where we get more customers online.

- At present, we also have dealers in Nagpur. We want to increase our dealers count throughout India.

Products & Services Overview

Wholesale trading of AB Switch, Horn gap fuse set, conductor, Isolators, cable, jointing kit, transformers, metering cubical, load break switch, vacuum circuit breaker, DWC pipe, MS fabrication material, Lightning Arrestor, copper strip, etc.

Facilities Overview

Presently running my business from home. We are looking for a new office.

Capitalization Overview
Not Disclosed
Recent Activity
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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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