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Renewable Energy Business Seeking Loan in Mumbai, India

Firm engaged in the sale of solar products and solar project implementation seeks growth capital.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 700 - 800 thousand
Run Rate Sales USD 770 thousand
EBITDA Margin 10 - 20 %
Industries Renewable Energy + 1 more
Locations  Mumbai
Local Time 4:24 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 59 thousand for 12.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: The funds will be used primarily towards business development for marketing. A part of the funds wil... View More
Collateral Available: USD 10.4 thousand
Includes physical assets worth USD 10.4 thousand
Documents
Business Overview
- We are engaged in the sale of solar products for both domestic and commercial use.
- Also engaged in the design and implementation of solar power projects (both on and off grid)
- The products are sourced from reputed 3rd party vendors.
- At present we have around 54 clients including several international firms.
- The business is still in growth stage and we are seeking capital to take on larger projects.
Products & Services Overview
Sale of solar products including water heaters, lighting equipment and PV systems. Project design, consultation, and implementation for both on and off grid solar projects.
Facilities Overview
410 sq. ft. of leased office space in Mumbai.
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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