Textile Company Seeking Loan in Kolhapur, India

Business planning to start manufacturing gray cloth, led by experienced promoters.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
11:07 PM Nagpur
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 430 thousand for 13.0% annual interest, 5.0 years (Native Currency: INR 30,000,000)
Reason: To invest in assets and start operations.
Collateral Available: USD 430 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- To manufacture gray cloth for the textile industry.

- In advanced stages of negotiations with clients.

- Projected revenue of INR 21 lakh with profit margins in the range of 10-30%

- Promoters have previous experience in the industry with one of them having over 10 years of industry experience.

- Intend to move into a 10,000 Sq Ft facility in Kolhapur.

- Have 14 acres of govt. non-agricultural land in Nagpur (Market Value = 4.5 - 5 Cr. ) which we can offer as collateral initially and in time transfer it to the physical assets of the business.

Products & Services Overview

- Gray cloth manufacturing.

Facilities Overview
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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