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

Compare with industry

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

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

Tags:

Newly Established Plastics Business Seeking Loan in Ichalkaranji, India

·

Lend to Newly Established Plastics Business in Ichalkaranji, India

·

Newly Established Plastics Business Seeking Loan

·

Lend to Newly Established Plastics 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. 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?

All business profiles on SMERGERS are displayed on a “no name” basis to protect the confidentiality of the business. You can register as an investor, acquirer, lender or advisor on SMERGERS and express your interest to connect with any business. Most businesses choose to disclose these details after such an introduction is made. Some businesses may request you to sign a Non-Disclosure Agreement before revealing further details. To register and connect with businesses click here. Alternatively, you could shortlist businesses from here, click on "Contact Business" and fill in your details on the right hand side.
What level of due diligence does SMERGERS conduct on the businesses/member?

SMERGERS scrutinizes all profiles and only features a select group of businesses, investors, advisors that meet a basic requirement. When required, certain members may have submitted some form of proof before their profile is approved on the website and this is not shared with other users. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. SMERGERS is a marketplace for connecting business sell sides with investors, buyers, lenders and advisors and neither SMERGERS represents nor guarantees that the information mentioned on the profile is complete or correct.
How can I be sure that the business profile will be active?

We regularly filter out businesses which are inactive or have already closed a transaction. Typically, if the business is actively looking to sell/raise capital, the status is shown in green.
How does SMERGERS rate business profiles?

SMERGERS compares financial metrics of each business with various other private and publicly listed businesses from the same industry. SMERGERS also considers profile completeness, activity, trust level among members, and additional parameters to arrive at a composite score to rate business profiles. SMERGERS Rating is only meant to help investors/acquirers/lenders select businesses which they would like to connect with. Members need to conduct their own due diligence before entering into any form of transaction with the business.
Do I need to pay to connect with a business?

The first two introductions are free, post that you will need to subscribe to one of our member plans. There are no other charges if you close a transaction. We offer enterprise plans for financial institutions such as Banks, PE, VC, and Funds. Contact us if you want to know more.