Petroleum Product Business Seeking Loan in Bhubaneswar, India
Trader of LED bulbs wants to start a new vertical for furnace oil seeks funding.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 3.3 thousand |
| EBITDA Margin | 2 % |
| Industries | Petroleum Product |
| Locations | Bhubaneswar |
| Local Time | 2:44 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
2.2 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 200,000)
Reason: To start a new vertical.
Collateral Available: USD 0
Includes physical assets worth
USD
550
Business Overview
- Traders of Havells, Bajaj LED bulbs.
- Have tie ups with 170 vendors and we supply the products to 17 contractors.
- We want to start a new vertical of furnace oil production.
- We have already finalized the land on rent.
- We need funds to start the production which should take 2 months from the date we receive the funding.
- Owner has 3 years of industry experience.
- Have tie ups with 170 vendors and we supply the products to 17 contractors.
- We want to start a new vertical of furnace oil production.
- We have already finalized the land on rent.
- We need funds to start the production which should take 2 months from the date we receive the funding.
- Owner has 3 years of industry experience.
Products & Services Overview
- Trader of LED bulbs wants to start a new vertical for furnace oil.
Facilities Overview
Rented unit of 1,000 Sq Ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFinancial Analyst, Financial Services, Wellington, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPurchase Assistant, Shipping, Medina, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysProprietor, Electricals Dealer, Delhi, Individual Investor / Buyer connected with the Business
Tags:
Petroleum Product Wholesale Business Seeking Loan in Bhubaneswar, India
·Lend to Petroleum Product Wholesale Business in Bhubaneswar, India
·Oil Product Wholesale Business Seeking Loan in Bhubaneswar, India
·Lend to Oil Product Wholesale Business in Bhubaneswar, India
·Petroleum Product Wholesale Business Seeking Loan
·Lend to Petroleum Product Wholesale Business
·Oil Product Wholesale Business Seeking Loan
·Lend to Oil Product Wholesale Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
4 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,000+ other businesses of all sizes.
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.
You might also be interested in these businesses