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Portable Motors and Generators Business Seeking Loan in Indore, India

Indore based power backup rental business that has 10 clients, seeks funds to expand.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 11.7 thousand
Run Rate Sales USD 28 thousand
EBITDA Margin 0 - 10 %
Industries Portable Motors and Generators
Locations  Indore
Local Time 4:22 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 35 thousand for 10.0% annual interest, 5 years (Native Currency: INR 3,000,000)
Reason: Looking to expand and take on clients in Rajasthan and Maharashtra.
Collateral Available: USD 11.7 thousand
Includes physical assets worth USD 31.6 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Business provides power backup and inverters on rent.
- The generators and inverters are purchased by our business and rented out to government and private institutions.
- The power backup units start from 10KVA.
- Currently renting out 10 inverters and generators, with 1 more project in pipeline. Our clients include Central Bank, Bank of India, UCO Bank, Allahabad Bank, Jana Small Finance Bank, MPGB Bank, IIFL.
- The power backup unit are rented out on a long term lease of minimum 5 years.
- Each power backup unit has a lifespan of 15 years.
- We also provide maintenance services to our clients.
- We are looking to expand to Rajasthan and Maharashtra in the near future.
Products & Services Overview
Rental generator, rental USP, inverter battery, maintenance solution, AMF panel, electrical earthing solution.
Assets Overview
11 generator and inverter units, office setup and furniture.
Facilities Overview
Have a rented office in Indore of 500 Sq. Ft.
Capitalization Overview
Not Disclosed
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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