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Testing, Inspection & Certification Business Seeking Loan in Hubballi, India

Firm plans to provide nondestructive testing (NDT) service for iron foundries, refineries and construction companies.
This transaction has concluded.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Building Inspection + 1 more
Locations  Bengaluru + 1 more
Local Time 11:45 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
INR 30 lakh for 13.0% annual interest, 3 years (Native Currency: INR 3,000,000)
Reason: Machinery, raw materials, rent a workshop and working capital.
Collateral Available: INR 0
Interested to connect with advisors
Business Overview
Startup firm registered in Bangalore seeks funding to setup its workshop and facility in Hubbali since it's a huge market where we would be able to target customers from iron foundry, refinery and construction industry. Our business plans to provide nondestructive testing (NDT) service using radiography, ultrasound, magnetic and visual methodology. Founder has more than 16 years of experience in NDT industry.
The business currently do not own any physical assets. Funding would be used for buying machinery, raw material and taking a workshop on lease.
Products & Services Overview
NDT testings, NDT consultancy, NDT equipment sales and calibrations.
Facilities Overview
Registered office is in Bangalore. Looking to setup complete facility at Hubballi.
Capitalization Overview
Not Disclosed
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