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Solar Projects Business Seeking Loan in Bortalai, India

Business involved in small-scale solar projects seeks a working capital loan.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 34.6 thousand
Run Rate Sales USD 34.6 thousand
EBITDA Margin 8 %
Industries Solar Projects
Locations  Bortalai
Local Time 4:02 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 5.8 thousand for 10.0% annual interest, 1 year (Native Currency: INR 500,000)
Reason: We are a new start-up with working capital requirements. Funds will be used for an upcoming INR 25 l... View More
Collateral Available: USD 0
Includes physical assets worth USD 580
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- Solar panel distribution and installation company.
- The company installs solar panels in residential, commercial, and industrial buildings.
- Our installations range from 3 kW to 30 kW.
- We get customers through social media advertising and WhatsApp broadcasts.
- Clients send us their requirements, we give a quote and they pay us the complete amount after installation.
- This is a sole proprietorship with pending bank loans of INR 5 lakh.
- The owner started their career as a medical representative with Pfizer and Dr Reddy's. The owner tried their hand at another business that closed down. After that, they started this solar power business.
Products & Services Overview
We sell and install solar panels for residential, commercial, and industrial buildings.
Assets Overview
Physical assets owned by us include basic tools and equipment for small-scale installation. We lease machinery like drills for bigger projects.
Facilities Overview
We operate from a rented office in Itarsi, Madhya Pradesh.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the 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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