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Warehousing Company Seeking Loan in Kolkata, India

Newly established cold storage company seeks a business loan for buying a property.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Warehousing
Locations  Kolkata
Local Time 5:33 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 240 thousand for 10.0% annual interest, 1 year (Native Currency: INR 20,000,000)
Reason: Funds will be used to purchase a cold storage property from the state government.
Collateral Available: USD 240 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview

- We are a recently established company planning to provide cold storage and warehousing services.

- Our main clients will be potato traders and cultivators in West Bengal.

- We are seeking a business loan to acquire the building for the cold storage.

- This building is a state property which we are getting at a subsidized price.

- The value of the property is INR 9 crore.

- Our operations will be started after we acquire the cold storage building.

- The business has three owners with 45%, 45%, and 10% ownership stake distribution.

- Business has no outstanding liabilities.

Products & Services Overview

We will provide cold storage services to potato traders and cultivators.

Assets Overview

The business does not own any physical assets.

Facilities Overview

Currently, we have an office on a rental basis. We are looking to acquire a cold storage building of 65 sq ft in height, 600 sq ft, and 400 sq ft wide.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Kolkata, Accounting Firm connected with the Business
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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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