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 From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 4 thousand
EBITDA Margin
2 %
Locations
Local Time
6:27 PM Bhubaneswar
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 2.6 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 660
Name, Phone, Email
Available after connect
Business Name
Available after connect
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
Recent Activity
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
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

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more