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Textile Packaging Business Seeking Loan in Hubballi, India

Manufacturer of cotton-based biodegradable packaging business looking to automate production and upgrade machinery.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 70 thousand
EBITDA Margin 15 %
Industries Textile Packaging
Locations  Hubballi
Local Time 9:08 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 240 thousand for 10.0% annual interest, 7 years (Native Currency: INR 20,000,000)
Reason: Looking to set up automated production machinery and increase our daily production.
Collateral Available: USD 120 thousand
Includes physical assets worth USD 120 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- We are manufacturers of cotton-based biodegradable packaging material.

- Currently making 15 to 20 bags per day but once we automate production the amount produced per day would be in thousands.

- The material is mainly used in the food and beverage industry for food packaging.

- Have 7 to 8 clients in Karnataka and we would be looking to expand internationally in the future.

- Promoter is a scientist with 7 years of experience who has researched and developed the product himself.

- Company's physical assets include the land and building used for manufacturing.

Products & Services Overview

We manufacture cotton-based biodegradable packaging material mainly used in food packaging.

Assets Overview

This is the world first nano fertilizer with 20+ constituents at nano level there is no competition for this product in the market.

Facilities Overview

Owned land of 1,100 Sq Ft where the manufacturing compound is based.

Capitalization Overview
Not Disclosed
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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