Synthetic Fabrics Company Seeking Loan in Bhimtal, India

Trader of shoe fabric, plans to setup a manufacturing facility on 1,240 m² leased land.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 350 thousand
EBITDA Margin
5 %
Industries
Locations
Delhi (India) + 1 more
Local Time
3:20 PM India
Listed By
Business Owner / Director
Status
Recently Active
Overall Rating
Seeking Loan
USD 700 thousand for 20.0% annual interest, 2.0 years (Native Currency: INR 50,000,000)
Reason: To setup our own factory.
Collateral Available: USD 700 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

Company sells shoe fabric to 15-20 manufacturers based in Delhi NCR. We outsource the manufacturing process to 2-3 batch work manufactures. Director of the company has 9 years of industry experience. Planning to setup own manufacturing unit in Bhimtal, Uttarakhand.

Have taken a land of 1,240 sq mt on 90 years lease term from the Government. Post investment, 80% of the funds will be used for importing high end machines from China and rest funds to setup the infrastructure, acquiring NOC certificate.

Products & Services Overview

Flyknit upper, socks upper and jacquard fabric.

Facilities Overview
Recent Activity
  • 5 days, 2 hours ago
    Director, Mumbai, Financial Consultant connected with this business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more