Business Overview
- We sell different types of industrial tapes under our own brand name.
- We have a pan India network, but most of the clients are from Gujarat, Maharashtra, Madhya Pradesh and Rajasthan.
- We supply our products to hardware stores, paint and tool shops, and electric stores.
- Have around 5,000 satisfied customers.
- Some companies are ready to give more business but due to limited funds, we are avoiding them.
- Daily sales capacity is INR 3-4 lakhs but we require more funds for that.
- GST license in place.
Products & Services Overview
All types of self-adhesive tapes like masking tapes, VHB tapes, foam tapes, filament tapes, pressure sensitive tapes and other tapes mostly used in industries.
Capitalization Overview
We have INR 90 lakh CC limit from Canara bank.
Business is run by husband and wife partners. Family business.
Assets Overview
Main assets are inventory of products and office furniture.
Seeking Loan
USD
56 thousand
for
12.0%
annual interest,
2
years
(Native Currency: INR 5,000,000)
Reason:
Expansion of the business to other locations via distribution channels.
We require additional funds...
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Collateral Available: USD 0
Includes physical assets worth
USD
45 thousand
In talks with 3 Investors