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

EBITDA Margin

Industries

Locations

Local Time

Listed By

Status

6.8 / 10

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Seeking Loan

USD 13 thousand for 10.0% annual interest, 5 years (Native Currency: INR 1,000,000)

Reason: To start the business and acquire machinery.

Collateral Available: USD 0

Includes physical assets worth USD 660

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

Recent Activity

Earlier than 15 days

Manager, Oil & Energy, Chamarajanagar, Individual Investor / Buyer accepted business proposal
Earlier than 15 days

Founder & CEO, SHS Advisory Group, Chennai, M&A Advisor accepted business proposal

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Newly Established Plastics Business Seeking Loan in Ichalkaranji, India

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Lend to Newly Established Plastics Business in Ichalkaranji, India

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Newly Established Plastics Business Seeking Loan

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Lend to Newly Established Plastics Business

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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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