Newly Established Trucking Business Seeking Loan in Hosur, India
Tamil Nadu-based newly-established road-logistics business seeking 15 lakh to scale operations and increase its client-base.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | INR 3.6 lakh |
| EBITDA Margin | 20 % |
| Industries | Trucking |
| Locations | Hosur |
| Local Time | 11:49 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
INR
15 lakh
for
10.0%
annual interest,
7
years
(Native Currency: INR 1,500,000)
Reason: We need this loan for the working capital as we started the business 3 months ago and this is a cash...
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Collateral Available: INR 0
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Documents
Banner of company
(34.8 KB)
Udyam registration certificate
(342.2 KB)
Business Overview
1. The company is a newly established road logistics business based in Hosur, Tamil Nadu, offering road logistics support to a range of clients including businesses, corporates client, and retailers.
2. Currently, the company has one corporate client, conducting two trips weekly, generating a monthly revenue of INR 30,000.
3. The company has 2 additional corporate clients in the pipeline, which are poised to be onboarded upon receiving the necessary funding.
4. The company has serviced 10 retail customers, transporting goods to various locations including Coimbatore, Salem, Chennai, and Tirupur from Hosur.
5. With the infusion of funds, the company aims to double its current customer base and expand its operations in terms of trips and client base.
6. Presently, the company relies on rented drivers and trucks for its trips, and the loan repayment can commence 5 months after securing the funding.
7. The company is seeking funds amounting to INR 15 lakhs to facilitate its growth and expansion plans, with the aim of scaling its operations and increasing its client base.
8. The company has all the necessary licenses and certifications.
2. Currently, the company has one corporate client, conducting two trips weekly, generating a monthly revenue of INR 30,000.
3. The company has 2 additional corporate clients in the pipeline, which are poised to be onboarded upon receiving the necessary funding.
4. The company has serviced 10 retail customers, transporting goods to various locations including Coimbatore, Salem, Chennai, and Tirupur from Hosur.
5. With the infusion of funds, the company aims to double its current customer base and expand its operations in terms of trips and client base.
6. Presently, the company relies on rented drivers and trucks for its trips, and the loan repayment can commence 5 months after securing the funding.
7. The company is seeking funds amounting to INR 15 lakhs to facilitate its growth and expansion plans, with the aim of scaling its operations and increasing its client base.
8. The company has all the necessary licenses and certifications.
Products & Services Overview
We offer road logistics support to other businesses, corporates, and retail clients such as wholesalers to transport their goods.
Assets Overview
Currently, the business does not have any physical assets.
Facilities Overview
The business has rented out an office in an area of 100 sq ft with a monthly rent of INR 11,000 in Hosur, Tamil Nadu.
Capitalization Overview
The business does not have any loans or debts and is a sole proprietorship.
Recent Activity
-
Earlier than 15 daysOwner, Packaging, Hosur, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Mover & Packer Business Seeking Loan in Hosur, India
·Newly Established Dispatching Business Seeking Loan in Hosur, India
·Lend to Newly Established Mover & Packer Business in Hosur, India
·Newly Established Trucking Business Seeking Loan in Hosur, India
·Lend to Newly Established Dispatching Business in Hosur, India
·Lend to Newly Established Trucking Business in Hosur, India
·Newly Established Mover & Packer Business Seeking Loan
·Newly Established Dispatching Business Seeking Loan
·Lend to Newly Established Mover & Packer Business
·Newly Established Trucking Business Seeking Loan
·Lend to Newly Established Dispatching Business
·Lend to Newly Established Trucking Business
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