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Newly Established Thermal Solar Equipment Business Seeking Loan in Amb, India

Seeking loan: Business starting to sell a new solar-based electric kitchen compost device.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Thermal Solar Equipment + 1 more
Locations  Amb
Local Time 10:27 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 56 thousand for 12.0% annual interest, 10 years (Native Currency: INR 5,000,000)
Reason: To set-up the business and start the operations. Funds will also be used for marketing. We will pay... View More
Collateral Available: USD 0
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Located in Amb, this small business is coming up with a unique offering that combines renewable energy and sustainable agriculture.
- We have been in the renewable and solar energy business for over a decade and we are getting into this new business.
- The business aims to develop a solar-based electric kitchen compost device designed to produce natural fertilizers, contributing to eco-friendly practices and waste management.
- The device connects directly to solar panels, utilizing clean energy to generate high-quality fertilizers that can be used for gardening and agricultural purposes.
- We will sell the devices to our clients and once they start generating fertilizer, we will buy back the fertilizers produced by the device. This will generate recurring revenue for customers and we will sell the purchased fertilizers to farmers and for gardening.
- Target customers include households and commercial establishments like hotels, which are interested in sustainable gardening solutions and reducing their carbon footprint.
- Initially, the devices will be manufactured by a third-party, but the company has plans to establish its own manufacturing capabilities as demand grows.
- With a registered business certificate, the venture seeks a loan to kickstart its operations and fully realize the potential of its innovative product in the solar equipment market.
Products & Services Overview
We have designed a device which will be connected to solar panels to produce natural fertilisers. These fertilisers will be purchased by our company.
Assets Overview
Business doesnt own any physical assets at this time.
Facilities Overview
Have a rented office space in Amb, Himachal Pradesh.
Capitalization Overview
Sole proprietorship firm.
No loans or liabilities.
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2 Investors viewed this Business this week. Register below to connect now!
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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