Rice Mill Seeking Loan in Nagarkurnool, India
Pre-revenue business seeking loan to complete rice mill construction, expected to generate INR 2 crore-annually.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Rice Mills |
| Locations | Nagarkurnool |
| Local Time | 9:36 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
108 thousand
for
12.0%
annual interest,
3
years
(Native Currency: INR 10,000,000)
Reason: - To complete the construction of the business facility.
- Until the business becomes profitable, t...
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Collateral Available: USD 215 thousand
Includes physical assets worth
USD
215 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Registration
(48.7 KB)
Business Overview
- The business is in the pre-revenue phase and plans to start a rice mill.
- The revenue model will be based on B2B rice sales.
- The mill is expected to generate INR 2 crore annually at full capacity.
- The business is a sole proprietorship with GST registration.
- The revenue model will be based on B2B rice sales.
- The mill is expected to generate INR 2 crore annually at full capacity.
- The business is a sole proprietorship with GST registration.
Products & Services Overview
The primary revenue will come from B2B rice sales, supplying wholesalers, retailers, processors, and other bulk buyers.
Assets Overview
Tangible assets:- Land (INR 2 crore)
- The physical assets are vital for business operations and cannot be liquidated.
Intangible assets:
- GST registration.
- Business plan.
Facilities Overview
The business will operate from its own 1.23 acres of land in Nagarkurnool, where a rice mill will be constructed.
Capitalization Overview
Business is currently funded by the promoter’s own capital with no outstanding loans.
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