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Painting Business Seeking Loan in Coimbatore, India

Company offering multiple services under one roof with decent revenue generation seeks a business loan.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 167 thousand
Run Rate Sales USD 183 thousand
EBITDA Margin 26 %
Industries Construction Supplies Wholesale + 1 more
Locations  Coimbatore
Local Time 6:09 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 41 thousand for 12.0% annual interest, 5 years (Native Currency: INR 3,500,000)
Reason: We need funding in order to purchase the products in cash at cheaper prices in order to increase the... View More
Collateral Available: USD 0
Includes physical assets worth USD 59 thousand
Interested to connect with advisors
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Business Name
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User Verification
Business Overview
- We are into retail & wholesale trading business of construction materials, electrical equipment, paints, plumbing, sanitaryware, other accessories.
- Have a wide knowledge of the industry and improving our way of operations with time.
- We also focus on understanding the market needs and analyzing the demand & supply of materials.
- Business deals with wholesalers as well as direct customers.
- We are now planning to reduce the cost price of our products by purchasing in cash and are looking for a business loan for the same.
- Our revenue split between construction supplies and other activities is 60% and 40% respectively.
- We do not have anything but bank cheques to offer as collateral.
Products & Services Overview
- All kinds of painting services like designing, interior painting, exterior painting, illusions, etc.
- Rooftopping.
- Waterproofing.
- Interior services.
- Trading of all the construction and building materials-related supplies used for both interior and exterior purposes.
Assets Overview
- Inventory worth INR 35 lakhs.
- Machines, laptops, computers, printers, and other equipment along with office furniture and fittings worth INR 15 lakhs.
Facilities Overview
The office is established on a rental property in Coimbatore.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    CEO, Visakhapatnam, Financial Consultant connected with the Business
  • Earlier than 15 days
    Independent Advisor, Hyderabad, Financial Consultant connected with the Business
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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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