Need help?

Trucking Business Seeking Loan in Salem, India

Tamil-Nadu based logistics support provider with 2- 3 vehicle bookings everyday seeks loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 170 thousand
Run Rate Sales USD 178 thousand
EBITDA Margin 23 %
Industries Trucking
Locations  Salem
Local Time 6:42 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 18.3 thousand for 10.0% annual interest, 6 years (Native Currency: INR 1,600,000)
Reason: - Promoter is in immediate requirement of funds to fulfil existing business obligations and for oper... View More
Collateral Available: USD 0
Includes physical assets worth USD 108 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
UDYAM Certificate
Business Overview
- Business provides logistics support to industries like textiles, food, automotive and construction receiving 2-3 shipment orders every day.
- Established contracts with 6-7 companies to receive continuous orders.
- We have 3 self-owned heavy trucks and have rented 30+ heavy vehicles from a dealer.
- We have 2 office staff and hire drivers based on requirements which is variable.
- Receive heavy orders and vehicle bookings during the festive season.
- Business holds UDYAM certificate.
Products & Services Overview
- We provide logistics support to different industries like textiles, automotive, food and construction, carrying goods from Tamil Nadu and Kerala to Assam and West Bengal.
Assets Overview
Tangible assets include promoter owned 3 heavy trucks worth INR 95 lakh.
Facilities Overview
Promoter uses an office space in his own residential premises located in Salem, Tamil Nadu and does not rent an external facility for the business.
Capitalization Overview
- Business is self-funded and 100% owned by the promoter.
- There are no loans/debts taken on the business.
Recent Activity
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
2 Investors already contacted this Business. Register below to connect now!
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 active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more