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Small Brick Factory Seeking Loan in Kalaburagi, India

Manufactures red brick with 10,000 pieces daily production capacity and supplies to builders.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 22.7 thousand
Run Rate Sales USD 25 thousand
EBITDA Margin Nil
Industries Brick Factories
Locations  Kalaburagi
Local Time 12:22 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 12 thousand for 12.0% annual interest, 2 years (Native Currency: INR 1,000,000)
Reason: To buy a machine from Latur that can produce 2,000 bricks in 1 hour.
Collateral Available: USD 4.8 thousand
Includes physical assets worth USD 18 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
MOA
PAN Card
Aadhaar Card
Business Overview
Red brick manufacturing company that has 3 acres of leased land to produce & stock bricks. Operating with a production capacity of 10,000 pieces per day. After manufacturing, we supply to 10-12 builders on a regular basis. Have 3 tractors for transportation of bricks. We plan to increase production capacity to 2,000 bricks per hour and are seeking funds to buy a new machinery from Latur.
Business currently owns 3 tractors, 5 trolley, mixing equipment and woodblock printing frame.
Products & Services Overview
We manufacture and sell red bricks.
Facilities Overview
3 acres of land on 3 years lease agreement.
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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