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Petroleum Product Wholesale Business Seeking Loan in Bhubaneswar, India

Trader of LED bulbs wants to start a new vertical for furnace oil seeks funding.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 4 thousand
EBITDA Margin 2 %
Industries Petroleum Product Wholesale
Locations  Bhubaneswar
Local Time 9:09 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.7 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 700
Name, Phone, Email
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Business Name
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User Verification
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.

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.

Recent Activity
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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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