Newly Established Medical Supplies Company Seeking Loan in Meerut, India

New start-up company established for the production of disposable syringes.

We have approvals from government institutions for the production and export of our products also.

The company only has the land and the unit still has to be established. We are seeking funds to purchase production machinery.

The business will make money by selling the products to private and government hospitals across India, and by exporting the products.

Manufacturing of disposable syringes in components of 1ml, 2ml, 5ml, and 10ml.

Tangible assets - 10,000 sq. ft. of land worth INR 85 lakh.

Intangible assets - All necessary certifications and licenses to start the production of syringes.

Have a small home-office in Meerut and owned land of about 10,000 sq. ft. We plan to build a 15,000 sq. ft. unit on this land. The unit will also have a 5,000 sq. ft. clean room as per WHO guidelines.

No loans have been taken by the company till now. The 2 directors of the company are equal shareholders as well.