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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 80 thousand
EBITDA Margin 15 %
Industries Textile Packaging
Locations  Hubballi
Local Time 8:49 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 260 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 130 thousand
Includes physical assets worth USD 130 thousand
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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.

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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