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 168 thousand |
| Run Rate Sales | USD 174 thousand |
| EBITDA Margin | 23 % |
| Industries | Trucking |
| Locations | Salem |
| Local Time | 7:00 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
18 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
106 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
UDYAM Certificate
(216.0 KB)
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.
- 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
-
Earlier than 15 daysManaging Director, Bag Manufacturer, Salem, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Furniture, Salem, Individual Investor / Buyer connected with the Business
Tags:
Mover & Packer Business Seeking Loan in Salem, India
·Dispatching Business Seeking Loan in Salem, India
·Lend to Mover & Packer Business in Salem, India
·Trucking Business Seeking Loan in Salem, India
·Lend to Dispatching Business in Salem, India
·Lend to Trucking Business in Salem, India
·Mover & Packer Business Seeking Loan
·Dispatching Business Seeking Loan
·Lend to Mover & Packer Business
·Trucking Business Seeking Loan
·Lend to Dispatching Business
·Lend to Trucking 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
2 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
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