Vegetable Farm Seeking Loan in Silvassa, India
Farming company that grows fruits and vegetables on 100 acres of land.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 470 thousand |
| Run Rate Sales | USD 480 thousand |
| EBITDA Margin | 25 % |
| Industries | Vegetable Farms |
| Locations | Silvassa |
| Local Time | 12:45 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
700 thousand
for
15.0%
annual interest,
5
years
(Native Currency: INR 60,000,000)
Reason: Looking to expand our business by getting a structured loan with a lock in of 5 years.
Collateral Available: USD 0
Includes physical assets worth
USD
17.6 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- We are a farming company that has been operating for 5 years before being incorporated last year.
- In our first two years we were growing papaya and in the last 3 years we grew banana and purple yam successfully.
- Company currently has leased 100 acres of land which we grow fruits and vegetables on.
- The harvesting period for the crops is generally 9 to 12 months after which they are sold in the market.
- Revenue is generated on a yearly basis rather than monthly and our average yearly revenue is INR 4 crores which can be increased with more investment.
- We have worked with numerous small investors who provide us funds which we use to lease the land and grow crops and in return we provide them with a steady return.
- Now we are looking to structure the loan to a single investor in order to streamline our operations.
- The agreement for the loan can be structured in order to make it farming income which would not be taxable in the hands of the investor.
- Promoter has over 6 years of experience working in the field of farming and agriculture.
- Company's physical assets include stock and machinery.
- In our first two years we were growing papaya and in the last 3 years we grew banana and purple yam successfully.
- Company currently has leased 100 acres of land which we grow fruits and vegetables on.
- The harvesting period for the crops is generally 9 to 12 months after which they are sold in the market.
- Revenue is generated on a yearly basis rather than monthly and our average yearly revenue is INR 4 crores which can be increased with more investment.
- We have worked with numerous small investors who provide us funds which we use to lease the land and grow crops and in return we provide them with a steady return.
- Now we are looking to structure the loan to a single investor in order to streamline our operations.
- The agreement for the loan can be structured in order to make it farming income which would not be taxable in the hands of the investor.
- Promoter has over 6 years of experience working in the field of farming and agriculture.
- Company's physical assets include stock and machinery.
Products & Services Overview
Farming of different types of fruits and vegetables.
Assets Overview
Tangible assets include the farmland.
Facilities Overview
Leased land of 100 acres.
Capitalization Overview
The business is own-funded.
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysChairman, Diversified, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Pharmaceuticals, Cosmetics, Nutraceuticals, Thane, Individual Investor / Buyer connected with the Business
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