Steel Business Seeking Loan in Vadodara, India

Trader of fiber glass products wants to set up its own manufacturing unit seeks funding.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 3.2 million
EBITDA Margin 15 %
Industries Steel + 1 more
Locations  Vadodara
Local Time 8:52 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 130 thousand for 18.0% annual interest, 3 years (Native Currency: INR 10,000,000)
Reason: To buy the Molds and Machinery to start manufacturing the product.
Collateral Available: USD 0
Includes physical assets worth USD 13 thousand
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Business Overview

- Trader of fiber glass products majorly used by the construction industry.

- We export it to countries like Malaysia, Korea and in the Middle East.

- Have tie ups with 200+ clients.

- We want to set up a manufacturing unit producing GRP and Steel Water Tanks.

- The land has been identified and will be acquired after receiving funds.

- Owner has 20 years of industry experience.

Products & Services Overview

- Wants to manufacture GRP Panel Water Tank, Zincalume Steel Water Tank.

Facilities Overview

Rented office of 800 Sq Ft.

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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