Newly Established Plastics Business Seeking Loan in Ichalkaranji, India

Starting up a waste plastic collection, reprocessing unit that will sell plastic granules to manufacturers.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Local Time
4:43 PM Pune
Listed By
Business Owner / Director
Status
Recently Active
Overall Rating
Seeking Loan
USD 14 thousand for 10.0% annual interest, 5.0 years (Native Currency: INR 1,000,000)
Reason: To start the business and acquire machinery.
Collateral Available: USD 0
Includes physical assets worth USD 700
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

- We are planning on starting a plant to collect plastic waste and process it into plastic granules.

- This product is used in all plastic manufacturing industries.

- We would be selling the product initially only within Maharashtra.

- There is relatively low competition in the industry and recycling of plastic is a major objective of most companies and government agencies.

- Currently the company owns 1 machine and would require further funds to get more as well as to set up a facility.

- Promoter has over 15 years of experience working in the field of plastics and plastic manufacturing.

Products & Services Overview

Reprocessing of waste plastic and selling plastic granules.

Facilities Overview
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more