Vegetable Farm Seeking Loan in Ghaziabad, India

Supply chain distribution assisted startup seeking funds for farming and poly-house based nursery setup.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales Nil
EBITDA Margin Nil
Industries Vegetable Farms
Locations  Ghaziabad
Local Time 1:23 PM Noida
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 200 thousand for 15.0% annual interest, 3 years (Native Currency: INR 15,000,000)
Reason: For Purchasing 1.6 Hectare Land, to Setup Poly House and to Cover Operational Expenses.
Collateral Available: USD 200 thousand
Includes physical assets worth USD 400
Interested to connect with advisors
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Business Name
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Business Overview

- We registered the company in 2018, after testing our operations model to sell fresh and processed vegetable products for 4 years.

- Have funding tie up with a foreign collaborator to help in setting up state of the art production facility and supply chain management systems.

- The current model uses contract farming for procuring vegetables. To counter the quality challenges of this model, we are planning to setup our own poly houses for growing vegetables. This would ensure we maintain and supply higher quality grade products.

- Initial funding required is for three years, with an option to return this fund before the maturity period.

- Seeking funds to setup poly houses. We have identified the land to be utilized for this. FDI restricts owners to invest in land and property, hence we are looking for a financial partner.

- 4 promoters have cumulative experience of 100 years in agriculture and related activities.

Products & Services Overview

Fresh and processed fruit and vegetables production. Marketing and distribution channel.

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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