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Newly Established Waste Management Business Seeking Loan in Hyderabad, India

Cocopeat manufacturing startup with planned production capacity of 250 tons/m to supply to bio-fuel companies.
This transaction has concluded.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Waste Management
Locations  Hyderabad
Local Time 11:46 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 29 thousand for 20.0% annual interest, 5 years (Native Currency: INR 2,500,000)
Reason: We are investing INR 25 lakhs of our own funds and require machinery loan to set up a new unit. The ... View More
Collateral Available: USD 0
Interested to connect with advisors
Documents
Business Overview
- Cocopeat manufacturing business that is currently in the pre-revenue phase.
- We were in the R&D phase for 1.15 years and are seeking funds to start production.
- Have 2 clients for monthly orders of more than INR 15 lakhs per client.
- We will source the tender coconut waste from local retailers and suppliers.
- Our planned setup will have the capacity to manufacture 250 tons of cocopeat per month.
- LLP is registered in Krishna, Andhra Pradesh but the operations will be based out of Hyderabad.
Products & Services Overview
We will manufacture cocopeat from consumed tender coconuts and supply it to bio-fuel companies that require cocopeat briquettes.
Assets Overview
There are no physical assets at this time. Machinery and other related equipment will be acquired post obtaining funds.
Facilities Overview
The location to be rented/leased is yet to be finalized. 3,000 Sq. yards or half-acre land is enough.
Capitalization Overview
We are 2 partners contributing 50% of the project cost which will be INR 25 to 30 Lakhs, seeking loans for machinery which will cost approximately 25 to 30 Lakhs. We are looking for NBFCs with interest from 15% to 20%. Machinery can be hypothecated to lender. The business does not have any debts or liabilities.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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