Newly Established Waste Management Business Seeking Loan in Karur, India

- We have good knowledge of this business and have good growth and volume in this business.

- We collect waste pet bottles and sell them to yarn/fiber textile companies and they will process them. Collect the pet bottle in and around 60kms of Karur.

- Currently, collecting 30-40 tonnes of pet waste bottles.

- Selling the waste PET bottles to 2-3 textile companies in Tamil Nadu and Gujarat.

- Have tied up with a logistic company to transfer the products.

- The promoter has 7 years of experience in this industry.

We are processing hot-washed PET flakes and sending them to make recycled polyester fiber and yarns.

We have a full line of PET flakes grinders and washers.

Own factory is located in the southwest of the city on a 10,000 sqft area which is not part of the transaction.

- The company has 1 owner and the business is self-funding.

- Company has INR 3 lacs debt.