Profitable Elevator Business Seeking Loan in Bangalore, India
Manufacturing unit for automotive and household products that is looking to expand into elevator manufacturing.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 60 thousand |
| EBITDA Margin | 30 % |
| Industries | Elevator |
| Locations | Bangalore |
| Local Time | 10:57 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
70 thousand
for
12.0%
annual interest,
4
years
(Native Currency: INR 6,000,000)
Reason: Invested all savings for setting up. Need funds for new project orders and for expansion.
Collateral Available: USD 6 thousand
Includes physical assets worth
USD
60 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Gst Certificate
(168.2 KB)
Business Overview
- Current unit is a component manufacturing unit started in 2018 February.
- We have 6 clients on board and are looking to expand further.
- We supply mostly in South India and we are looking to expand pan India.
- For the projects our clients supply us the raw material themselves and we do the job work which helps them keep costs low.
- Have a new project order and need to acquire 7-8 new machines for which we need funding.
- Also looking for funds in order to expand into a new venture with an established Mumbai based company to set up an elevator manufacturing unit in Bangalore.
Products & Services Overview
Automotive components, house hold products.
Facilities Overview
Rented 5,000 Sq Ft area, Shed taken in Industrial Area.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysLocalization Manager, Automotive, Bangalore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, Oil & Gas, Dubai, Individual Investor / Buyer connected with the Business
Tags:
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