Profitable Scrap Metal Company Seeking Loan in Bengaluru, India

Ferrous and non-ferrous scrap metals and paper waste supplied to paper mills and sourced from large industrial clients. Tangible assets:
These are the physical, measurable items that are part of the business and have intrinsic value.
1. Inventory:
A) Scrap materials: Raw scrap metal (ferrous and non-ferrous), plastics, electronics, cardboard, or any other materials stored for resale or recycling.
B) Recycled products: Any byproducts from the recycling process, such as processed metals or plastics, ready for resale.
C) Used parts: Any reusable parts from dismantled items (e. g. , electronics, vehicles, machinery).
2. Furniture and fixtures.
A) Office furniture: Desks, chairs, filing cabinets, and other furnishings in the business's office space.
B) Storage solutions: Shelving, bins, and racks used to store sorted scrap or parts.
These assets are crucial for operations and cannot be liquidated.
Intangible assets:
These are non-physical but valuable assets that contribute to the operational success and market position of the scrap business.
1. Goodwill.
A) Customer relationships: Established relationships with regular customers, suppliers, and contractors.
B) Reputation: A strong, trusted brand in the scrap industry, especially within the local or regional market.
2. Licenses and permits:
A) Environmental permits: Government or local permits for handling, processing, and recycling scrap materials in an environmentally responsible way.
B) Business licenses: Any operating or industry-specific licenses required to run a scrap business.
3. Customer lists and relationships:
A) Database of clients: A list of repeat customers or companies with long-term relationships.
B) Supplier database: Relationships and contact details of suppliers who provide the scrap or recycling materials for processing. - Godown with a built-up area of 4,000 sq. ft. , single floor with 30-foot height.
- Leased at INR 60,000 per month with a 15-year agreement.
- Additionally, operates from a 1,500 sq. ft. rented office space. 1. Current funding source: The business is presently funded through self-financing and business revenue.
2. Debts/loans outstanding: None.
3. Shareholders/owners:
- Total Number of Shareholders/Owners: 1 (One)
- Ownership distribution: 100% held by the sole owner.