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Welding Equipment Business Seeking Loan in Vadodara, India

Business seeks a loan that is an authorized dealer of TATA Agrico, has 30-40 customers.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 30 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 8 %
Industries Welding Equipment
Locations  Vadodara
Local Time 10:40 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 14 thousand for 10.0% annual interest, 3 years (Native Currency: INR 1,200,000)
Reason: Funds are required for working capital.
Collateral Available: USD 0
Includes physical assets worth USD 1.2 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
Dealer Certificate
Business Overview

- Our business is an authorized distributor of TATA Agrico dealing in welding and industrial consumables.

- The products are directly supplied from the brand and we have a range from products like power tools, MIG wires, hand tools, and safety items.

- Currently, we have 30 to 40 regular customers, who are local industrialists, wholesalers, and manufacturing units.

- On average, we receive 35 orders per month.

- The business has an overdraft limit of INR 8.1 lakh.

- The business has a sole owner.

Products & Services Overview

Welding consumables, industrial consumables and hardware Items.

Assets Overview

Furniture, and system is included in physical assets.

Facilities Overview

We have a store that covers 250 sq. ft. area. We pay a monthly rent of INR 8,900.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Director, Stuttgart, Business Broker connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Partner, Stuttgart, Business Broker 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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