Supermarket Seeking Loan in Bangalore, India

- Our business is essentially a newly opened supermarket that offers FMCG products from multiple categories for all the needs & requirements of its customers.
- We receive about 200 to 250 walk-ins and direct orders everyday. We provide doorstep delivery services for customers within a 4 to 5 kilometre radius of our location.
- These are the only two channels of revenue for our company. Deliveries are executed by our in-house staff. However, 90 percent of the billed orders are from direct walk-in customers only. We are not affiliated with any online grocery delivery platforms.
- We have products from over 800 different brands listed in our supermarket.
- We commenced operations in the last two months of last year because of which we could only generate a relatively lesser amount of revenue. However, we have generated enormous goodwill this year and have made a recurring customer base of more than 2,500 clients that led to the high growth of our business.
- The proceeds from the business loan will be used for business expansion purposes. The interest payment along with the principal amount will be paid back to the lessee within the stipulated time period.