Solar Products Business Seeking Loan in Bihar, India
Solar product and battery dealer, served 120+ customers across India, seeking business loan for working capital.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 167 |
| Run Rate Sales | USD 5.4 thousand |
| EBITDA Margin | 8 % |
| Industries | Solar Products |
| Locations | Bihar |
| Local Time | 4:10 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
5 thousand
for
16.0%
annual interest,
5
years
(Native Currency: INR 450,000)
Reason: It will be utilized to buy capital goods [Inverter & Battery] for the project and day-to-day operati...
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Collateral Available: USD 0
Includes physical assets worth
USD
2.23 thousand
Documents
Incorporation Certificate
(241.7 KB)
ROC-Verification.pdf
(59.4 KB)
Business Overview
- We are focused to make battery-inverter affordable to lower middle class and provide them this on rental basis.
- We started our sales office in Village Mahmadpur about a year ago.
- Our first sale happened in January 2018. Since then, the monthly turn over has gradually increased.
- In June-2018, we had highest monthly sales turnover of Rs 1.4 lakh.
- Average monthly sales from March till September is around Rs 40,000.
- We also provide luminous inverters and batteries.
- Have served around 120 customers across India.
- Business owner has 4 years of total experience.
- We started our sales office in Village Mahmadpur about a year ago.
- Our first sale happened in January 2018. Since then, the monthly turn over has gradually increased.
- In June-2018, we had highest monthly sales turnover of Rs 1.4 lakh.
- Average monthly sales from March till September is around Rs 40,000.
- We also provide luminous inverters and batteries.
- Have served around 120 customers across India.
- Business owner has 4 years of total experience.
Products & Services Overview
Inverter and Battery on rent to lower middle class families.
Facilities Overview
Our sales office has floor area of about 100 Sq Ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysIndependent Advisor, Chennai, Financial Consultant connected with the Business
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