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Plastics Company Seeking Loan in Visakhapatnam, India

Business that manufactures plastic molded furniture and sells to 7 distributors.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 2 million
Run Rate Sales USD 2 million
EBITDA Margin 20 %
Industries Plastics
Locations  Visakhapatnam
Local Time 12:34 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.2 million for 12.0% annual interest, 5 years (Native Currency: INR 90,000,000)
Reason: For working capital required to expand to other cities by selling to more distributors.
Collateral Available: USD 3.4 million
Includes physical assets worth USD 3.4 million
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Business Name
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Business Overview

- We manufacture plastic molded furniture.

- Have a company owned manufacturing unit in Vishakhapatnam, that has a production capacity of producing 10 tons per day.

- Products are sold to 7 distributors.

- Business is now looking to expand by selling to distributors in other states.

Products & Services Overview

Manufacturing plastic molded chairs, tables and stools.

Assets Overview

Manufacturing unit, machines, inventory and vehicles.

Facilities Overview

Have a company owned manufacturing unit of 25,000 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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