Newly Established Yachts and Motorboats Company Seeking Loan in Chennai, India

Manufacturing of metal fishing boat equipped with fishing gears based out of Chennai.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
10:26 AM Chennai
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 42 thousand for 12.0% annual interest, 2.0 years (Native Currency: INR 3,000,000)
Reason: To start the boat manufacturing.
Collateral Available: USD 0
Includes physical assets worth USD 4.2 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Manufacturers of boats exclusively for fishermen in Chennai.

- India is the 3rd largest in the production of sales when it comes to manual catching fish.

- We have a patent of a metal boat with fishing sensor, refrigerating, unit, and net rotator.

- Sonar sensor which would let fishermen know approximate number of fish present at a particular location.

- There would be a net rotator which would pull a net from the sea to on boat.

- The prototype of the boat is already ready & looking for funds to start the boat manufacturing process.

Products & Services Overview

Metal and fibreglass fishing boat manufacturers.

Facilities Overview
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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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