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Solar Projects Company Seeking Loan in Indore, India

Company that has completed 50+ solar EPC projects seeks a loan for business expansion.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 5.5 thousand
Run Rate Sales USD 6 thousand
EBITDA Margin 10 %
Industries Solar Projects
Locations  Indore
Local Time 9:08 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 22 thousand for 10.0% annual interest, 3 years (Native Currency: INR 2,000,000)
Reason: Funds are required as working capital requirements for new projects.
Collateral Available: USD 22 thousand
Interested to connect with advisors
Documents
Business Overview
- We are a renewable energy company (solar) and deal in various commercial and residential solar projects.
- Since our inception, we have completed 50 residential projects and a few commercial projects in Punjab & Maharashtra.
- The business had a turnover of INR 60 lakh in its initial years. Due to personal situations, the business owner was not able to run the business for some time.
- We are looking for a business loan to expand our operations and working capital requirements.
Products & Services Overview
We deal in the installation and maintenance of solar-powered projects in residential and commercial settings.
Assets Overview
The business does not own any physical assets.
Facilities Overview
Currently, the business is being operated from home.
Capitalization Overview
The business has been funded by the owner's capital. The company has two directors with an equal stake in the business. The business has no outstanding liabilities.
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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