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 From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 7 thousand
EBITDA Margin
8 %
Industries
Locations
Local Time
1:18 PM Patna
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 6 thousand for 16.0% annual interest, 5.0 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 2.8 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
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
Recent Activity
  • Earlier than 15 days
    Independent Consultant, Chennai, Financial Consultant connected with this business
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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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