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Wires and Cables Company Seeking Loan in Bangalore, India

Cable harness manufacturing company catering to 10 clients seeks a loan.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 40 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 15 %
Industries Wires and Cables
Locations  Bangalore
Local Time 12:48 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 120 thousand for 10.0% annual interest, 10 years (Native Currency: INR 10,000,000)
Reason: Need funds for working capital.
Collateral Available: USD 120 thousand
Includes physical assets worth USD 12 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Company takes up all kinds of cable harness manufacturing orders and we will get the AS9100D (Quality management system) in the next month.

- We have more than 10 customers and currently, we are dealing with Israel projects.

- Our top clients are Honeywell and Dell Technologies.

- In the fields of avionics, automation control systems, medicine, electronics, and energy, we'll constantly work to develop cutting-edge, paradigm-shifting solutions.

- The raw materials we use in manufacturing our products have been sourced from reputed and leading vendors in the industry.

- Apart from this, our exclusive range is supplied after sternly checking the final quality of the products.

- We will make sure that our production, quality, and performance standards are constantly higher than those of the global industry and that we provide each stakeholder with only the best value.

- The promoter has more than 20 years of experience in this industry.

Products & Services Overview

Cable harness.

PCB soldering.

IUT/ATE building assemblies.

Panel building.

Rack Integration.

Assets Overview

All the instruments which we are using in the lab.

Facilities Overview

Office is located in the north of the city on a 1,200 Sqft area with a monthly rent of INR 25,000.

Capitalization Overview

- More than INR 50 L has been funded by the owners.

- We have a loan of INR 25 L and for another 4 years, we need to pay EMI.

- Company has three directors. 2 directors have 33%, 34% shareholding, and the remaining is held by the third director.

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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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