Newly Established Jute & Coir Business Seeking Loan in Kolkata, India
Handcrafted jute bag manufacturer and exporter serving B2B clients with traditional Indian products seeks loan.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | USD 21 thousand |
| Run Rate Sales | USD 23 thousand |
| EBITDA Margin | 18 % |
| Industries | Bags Manufacturing + 1 more |
| Locations | Kolkata |
| Local Time | 12:32 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
21 thousand
for
8.0%
annual interest,
3
years
(Native Currency: INR 2,000,000)
Reason: The business is seeking a loan to purchase advanced automated machinery and improve its production c...
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Collateral Available: USD 0
Includes physical assets worth
USD
12.7 thousand
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Business Name
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Business Overview
- The business manufactures and exports handcrafted jute bags and other traditional products.
- It currently serves 8 B2B clients.
- Most bags are handcrafted manually, with a production capacity of 1,000 bags per day.
- The business is currently operating at 50% capacity.
- It has 3 employees and holds GST, Import-Export, and Udyam registrations.
- It currently serves 8 B2B clients.
- Most bags are handcrafted manually, with a production capacity of 1,000 bags per day.
- The business is currently operating at 50% capacity.
- It has 3 employees and holds GST, Import-Export, and Udyam registrations.
Products & Services Overview
The business primarily sells handcrafted jute bags, which are its top-selling products. Other offerings include jute Hessian, Murshidabad silk, handcrafted products, and candles. Products are sold to B2B clients and exported.
Assets Overview
Tangible assets: Machinery and inventory.Intangible assets: GST and Udyam registrations, existing client relationships, and business operations.
Facilities Overview
The business operates from a 1,280 sq. ft. rented office in Kolkata. The monthly rent is INR 20,000.
Capitalization Overview
The business is currently funded by its two partners. It has no outstanding loans or debts.
Tags:
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·Newly Established Bags Manufacturing Business Seeking Loan in Kolkata, India
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·Newly Established Backpack Manufacturing Business Seeking Loan in Calcutta
·Lend to Newly Established Handbag Manufacturing Business in Kolkata, India
·Newly Established Handbag Manufacturing Business Seeking Loan in Calcutta
·Lend to Newly Established Luggage Bag Manufacturing Business in Calcutta
·Lend to Newly Established Bags Manufacturing Business in Kolkata, India
·Newly Established Bags Manufacturing Business Seeking Loan in Calcutta
·Newly Established Jute & Coir Business Seeking Loan in Kolkata, India
·Lend to Newly Established Backpack Manufacturing Business in Calcutta
·Lend to Newly Established Handbag Manufacturing Business in Calcutta
·Newly Established Luggage Bag Manufacturing Business Seeking Loan
·Lend to Newly Established Bags Manufacturing Business in Calcutta
·Lend to Newly Established Jute & Coir Business in Kolkata, India
·Newly Established Jute & Coir Business Seeking Loan in Calcutta
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