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Scrap Metal Company Seeking Loan in Lucknow, India

Lucknow-based new waste management startup business, this work as a door step service method.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 2.4 thousand
Run Rate Sales USD 7 thousand
EBITDA Margin 20 %
Industries Mobile Apps + 1 more
Locations  Lucknow
Local Time 1:56 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 24 thousand for 10.0% annual interest, 3 years (Native Currency: INR 2,000,000)
Reason: Marketing, for expansion in major cities.
Collateral Available: USD 0
Includes physical assets worth USD 6 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview

- The firm is a new scrap management initiative that is also supporting the Swatch Bharat Mission.

- We trade in scrap metal management and collect scrap items for recycling and cleaning projects.

- We operate our business from the mobile app and a website.

- Business has served more than 200+ clients.

- The mobile application has 500+ downloads on the Google play store.

- Our business phase 1 is complete and we are planning to expand our business to 5 new cities in UP for our phase 2 plan.

Products & Services Overview

Newspaper, plastic, iron steel, and wooden carton.

Assets Overview

There are no physical assets other than our mobile app, and the online website.

Facilities Overview

Resident cum office with all the facilities.

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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