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Solar Products Business Seeking Loan in Bihar, India

Solar product and battery dealer, served 120+ customers across India, seeking business loan for working capital.

Established 5-10 year(s)
Employees < 2
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 180
Run Rate Sales USD 6 thousand
EBITDA Margin 8 %
Industries Solar Products
Locations  Bihar
Local Time 8:46 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 5.5 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... View More
Collateral Available: USD 0
Includes physical assets worth USD 2.4 thousand
Name, Phone, Email
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Business Name
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Documents
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.

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
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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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