Solar Products Business Seeking Loan in Solan, India
Solar products retailer based in Himachal Pradesh is seeking a business loan for expansion purposes.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 28 thousand |
| Run Rate Sales | USD 40 thousand |
| EBITDA Margin | 20 % |
| Industries | Solar Products |
| Locations | Solan |
| Local Time | 5:41 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
11.2 thousand
for
10.0%
annual interest,
10
years
(Native Currency: INR 1,000,000)
Reason: The owner is seeking a loan to be able to buy more inventory.
Collateral Available: USD 0
Includes physical assets worth
USD
2.24 thousand
Name, Phone, Email
Available after connect
Business Name
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User Verification
Business Overview
- Located in Solan, the company specializes in solar water heaters, on-grid and off-grid panels, as well as solar lights.
- It operates with a streamlined team of three employees, enhancing operational efficiency.
- The business processes 7 to 9 orders monthly, indicating a steady demand in the market for solar products.
- It acquires solar products from distributors, enabling direct sales to end-users.
- The company is fully compliant with GST, ensuring seamless financial operations and conformity with legal standards.
- It is tapping into the expanding solar industry, which is in line with worldwide sustainability objectives.
- The primary focus is on retail, emphasizing the efficient distribution of solar products in high demand.
- It operates with a streamlined team of three employees, enhancing operational efficiency.
- The business processes 7 to 9 orders monthly, indicating a steady demand in the market for solar products.
- It acquires solar products from distributors, enabling direct sales to end-users.
- The company is fully compliant with GST, ensuring seamless financial operations and conformity with legal standards.
- It is tapping into the expanding solar industry, which is in line with worldwide sustainability objectives.
- The primary focus is on retail, emphasizing the efficient distribution of solar products in high demand.
Products & Services Overview
- Our business specializes in the retail of solar products.- Our primary offerings include solar water heaters, grid systems, and lighting solutions.
Assets Overview
The business currently has an inventory of panels worth INR 2 lakhs.
Facilities Overview
The business operates from a rented facility in Solan.
Capitalization Overview
The business is self-funded and does not have any loans.
Recent Activity
-
Earlier than 15 daysFounder And Partner, Management Consulting- Energy And IT Services, Gurgaon, Individual Investor / Buyer connected with the Business
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