Waste Management Business Seeking Loan in Karur, India
Waste PET bottle recycling company collecting 30-40 tonnes of bottle waste monthly seeks a loan.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 7.9 thousand |
| Run Rate Sales | USD 61 thousand |
| EBITDA Margin | 15 % |
| Industries | Waste Management |
| Locations | Karur |
| Local Time | 6:48 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
17 thousand
for
15.0%
annual interest,
1
year
(Native Currency: INR 1,500,000)
Reason: Need funds to start a new unit and for running working capital.
Collateral Available: USD 0
Includes physical assets worth
USD
17 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Waste PET bottle Processing
(1.6 MB)
GST Certificate
(659.7 KB)
Udyam Registration Certificate
(199.7 KB)
Business Overview
- We have good knowledge of this business and have good growth and volume in this business.
- We collect waste pet bottles and sell them to yarn/fiber textile companies and they will process them. Collect the pet bottle in and around 60kms of Karur.
- Currently, collecting 30-40 tonnes of pet waste bottles.
- Selling the waste PET bottles to 2-3 textile companies in Tamil Nadu and Gujarat.
- Have tied up with a logistic company to transfer the products.
- The promoter has 7 years of experience in this industry.
- We collect waste pet bottles and sell them to yarn/fiber textile companies and they will process them. Collect the pet bottle in and around 60kms of Karur.
- Currently, collecting 30-40 tonnes of pet waste bottles.
- Selling the waste PET bottles to 2-3 textile companies in Tamil Nadu and Gujarat.
- Have tied up with a logistic company to transfer the products.
- The promoter has 7 years of experience in this industry.
Products & Services Overview
We are processing hot-washed PET flakes and sending them to make recycled polyester fiber and yarns.
Assets Overview
We have a full line of PET flakes grinders and washers.
Facilities Overview
Own factory is located in the southwest of the city on a 10,000 sqft area which is not part of the transaction.
Capitalization Overview
- The company has 1 owner and the business is self-funding.- Company has INR 3 lacs debt.
Recent Activity
-
Earlier than 15 daysAssistant Vice President, Financial Services, Bengaluru, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysProprietor, Waste Management - Plastic Scrap Manufacturer, Hyderabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysIndividual Advisor, Chennai, Financial Consultant connected with the Business
Tags:
Newly Established Plastic Recycling Business Seeking Loan in Karur, India
·Newly Established Waste Management Business Seeking Loan in Karur, India
·Newly Established R2 Certified Business Seeking Loan in Karur, India
·Lend to Newly Established Plastic Recycling Business in Karur, India
·Lend to Newly Established Waste Management Business in Karur, India
·Newly Established Recycling Business Seeking Loan in Karur, India
·Lend to Newly Established R2 Certified Business in Karur, India
·Lend to Newly Established Recycling Business in Karur, India
·Newly Established Plastic Recycling Business Seeking Loan
·Newly Established Waste Management Business Seeking Loan
·Newly Established R2 Certified Business Seeking Loan
·Lend to Newly Established Plastic Recycling Business
·Lend to Newly Established Waste Management Business
·Newly Established Recycling Business Seeking Loan
·Lend to Newly Established R2 Certified Business
·Lend to Newly Established Recycling 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
7 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