Businesses Seeking Loan in Hubballi

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Solar Projects Company Seeking Loan in Hubballi, India

Company plans to undertake solar panel installation projects on rooftops or empty premises.
- Company based in Bangalore that will undertake solar panel installation projects. The company was registered two years ago, but we are yet to kick-start our operations. - Business would install solar panels for organizations such as educational institutes, hotels and industries in Bhubaneswar, Cuttack, Bangalore, Hubballi and Mysore. - We have presented our proposals to 91 organizations in Bhubaneswar, 25 in Cuttack, 18 in Bangalore and 7 in Mysore. - In future, the company will also approach / extend operations in other places such as Lucknow, Dehradun and Haridwar. - Company will form a team of dedicated staff for monitoring operations and will be supervised by a senior level employee. We are in touch with 2 senior level people in Bhubaneswar. - Depending upon the city, we will buy solar panels from local companies. For Bangalore, we are in talks with Tata Power and Emmvee Solar. - Solar energy is enormously available and we plan to utilize the potential through solar projects. - Generating solar energy is very economical / cost effective, pollution free, provides uninterrupted supply of energy, requires least maintenance as compared to DG set, diesel energy. - The concept would be eco-friendly in all senses and will be conducive to the well-being of general populace. - The investor / lender at seed level will be part of the transaction that will be armoured with legal documents. - There would be a crystal clear transparency for monetary flow. The report would be generated every fortnight as per the wish of the investor. Open to discuss anything related to the project. - Will abide by the terms & conditions of the memorandum of association executed between the investor and the undersigned.
8.3   Hubballi
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
INR 40 L at 12% interest
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Software Company Seeking Loan in Hubballi, India

Company providing end to end software development services for web and mobile applications services to 3 clients.
- Business provides end to end software development services for web and mobile applications. - Have developed 2 applications for the transportation and eCommerce industry and we modify the source based on the client's requirements. - We have multi-year contracts with our clients and provide support and maintenance services as well. - Have completed 8 projects since inception and we are currently working with 3 clients in the transportation industry. - Seeking funds to purchase new equipment to modernize our IT infrastructure. - Promoter has 4+ years of industry experience. - Business owned assets include computers and office equipment.
5.8   Hubballi
Run Rate Sales
INR 30 lakh
EBITDA Margin
20 - 30 %
Business Loan
INR 5 L at 10% interest
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Newly Established Textile Packaging Business Seeking Loan in Hubballi, India

Manufacturer of cotton-based biodegradable packaging business looking to automate production and upgrade machinery.
- We are manufacturers of cotton-based biodegradable packaging material. - Currently making 15 to 20 bags per day but once we automate production the amount produced per day would be in thousands. - The material is mainly used in the food and beverage industry for food packaging. - Have 7 to 8 clients in Karnataka and we would be looking to expand internationally in the future. - Promoter is a scientist with 7 years of experience who has researched and developed the product himself. - Company's physical assets include the land and building used for manufacturing.
6.3   Hubballi
Run Rate Sales
INR 60 lakh
EBITDA Margin
15 %
Business Loan
INR 20 L at 10% interest
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Newly Established Building Inspection Business Seeking Loan in Hubballi, India

Firm plans to provide nondestructive testing (NDT) service for iron foundries, refineries and construction companies.
Startup firm registered in Bangalore seeks funding to setup its workshop and facility in Hubbali since it's a huge market where we would be able to target customers from iron foundry, refinery and construction industry. Our business plans to provide nondestructive testing (NDT) service using radiography, ultrasound, magnetic and visual methodology. Founder has more than 16 years of experience in NDT industry. The business currently do not own any physical assets. Funding would be used for buying machinery, raw material and taking a workshop on lease.
6.2   Hubballi
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
INR 30 L at 13% interest
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Playschool Seeking Loan in Hubballi, India

Pre-school and day care center in Hubballi, having 93 enrolled kids and 15 staff members.
- A pre-school and day care center based in Hubballi, Karnataka that has been operating since 2012. - We are operating franchise pre-school of a well established pre-school brand. - Have 93 kids enrolled with us. This also includes children enrolled at the day care center. - We have a total of 15 staff members. This includes both teaching and non-teaching staff. - There are 4 class rooms and a playground. - The franchise agreement is renewable every year. - To Stabilize the current preschool financially. - Acquire land of 5,000+ Sq Ft, build our own facility which will have a pre-school and nursery. - We aim to have a capacity of 300+ kids in the new facility. - Our future plans include setting up a full fledged school from nursery to grade 12 under our own brand. Looking for partners to support currently and future expansions.
Pre-school and day care center in Hubballi, having 93 enrolled kids and 15 staff members.
7.2   Hubballi
Run Rate Sales
INR 36 lakh
EBITDA Margin
20 %
Business Loan
INR 30 L at 10% interest
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Surveillance Devices Business Seeking Loan in Hubballi, India

Complete Security solution provider based out of Hubballi and operating since 2017.
- Distributors of security products like CCTV and access controls. - Tied up with more than 5 vendors for the products. - Business has tie-ups with more than 40 customers for the products supply. - We were one of the distributors for CP Plus CCTV and Benq monitors for north Karnataka. - Founder has 3 years of experience in the industry.
7.6   Hubballi
Run Rate Sales
INR 60 lakh
EBITDA Margin
10 %
Business Loan
INR 15 L at 14% interest
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Computer Training Business Seeking Loan in Hubballi, India

Computer Training centre with 60 students and 5 instructors operated by 2.5 years experienced promoter.
- It is a computer training and development centre. - We provide courses on C++, JAVA and Python. - Currently, there are 60 students enrolled. - We have 5 instructors with a minimum of 2+ years of experience. - Located in a commercial area. - Generate leads through digital promotion, social media. - Owner has 2.5 years of industry experience.
5.6   Hubballi
Run Rate Sales
INR 24 lakh
EBITDA Margin
2 %
Business Loan
INR 5 L at 10% interest
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Freight & Logistics Company Seeking Loan in Hubballi, India

Startup company planning to provide turnkey logistics service is looking for investor for marketing.
- We have just incorporated our company and we are looking for loan that will be utilized for increasing awareness our our brand. - After successful awareness, we will give out our franchise as Jumbo franchisee, Zone master franchisee, Mini stores and Express point.
7.8   Hubballi
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
INR 5 L at 24% interest
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Renewable Energy Business Seeking Loan in Karnataka, India

Firm engaged in the injection molding of plastics and renewable energy generation.
- Engaged in the injection molding of plastics and renewable energy generation through wind and solar farms. - The injection molding vertical constitutes around 50% of our revenue. - Under this vertical, we manufacture plastic bottle caps, closures, and preforms. - We supply these products to 27-28 clients and manufacture around 120MT of products each month. - At present, 70% of our injection molding output are preforms but we are in the process of lowering our production volumes as the margins in preforms are relatively lower. - We intend to lower total production to 75MT / month within the next 5 months. - To adjust for lower outputs we also intend to decrease our team size to 35 employees within the next month. - The remaining 50% of our revenue comes from power generation from wind farms and solar farms. - We have 3 wind farms; one each in Andhra Pradesh, Gujarat, and Karnataka. - The total power output of all 3 plants is 4.4 MW. - The plant in Andhra Pradesh and Gujarat supply power to the state government under a power purchase agreement signed for 25 years. - The wind farm and solar plant in Karnataka supply power to private industrial clients. - The solar plant in Karnataka has a power output of 4.5 MW and was commissioned a few months back due to which our revenue for the current year has increased significantly. - Physical assets owned by the business include land, power generation equipment, machinery, and inventory.
8.3   Karnataka , Hubballi
Run Rate Sales
INR 18 crore
EBITDA Margin
18 %
Business Loan
INR 40 Cr at 10% interest
Contact Business

Food Processing Business Seeking Loan in Karnataka, India

Authorized manufacturer and exporter of fruit candy, require funds to increase production capacity.
- Manufacturing and exporting fruit candy of an established Indian brand. Our unit is located in a coastal area. - We are authorized manufacturing exporters for the brand. - Have 2 rented manufacturing units. We are currently producing at our maximum production capacity which is 3,000 kgs per day. - Products are exported to all GCC countries, Sri Lanka, Bangladesh and Malaysia. - We export 2 containers every month. - We have recently received larger orders of 5 containers per month. - To achieve this we will be required to produce 8,000 kgs of product per day. - We will be shifting into a larger manufacturing unit. The land has already been purchased and it has an area of 10 acres. - We expect to fully shift into the new unit only after 1.5 years, since construction and set up has to be done. - In the meanwhile we expect to increase our production capacity by purchasing more machines and hiring more employees. - Physical assets include machines, inventory and raw material. Value of new acquired land has not been added to physical assets.
Authorized manufacturer and exporter of fruit candy, require funds to increase production capacity.
6.6   Karnataka , Hubballi
Run Rate Sales
INR 2.4 crore
EBITDA Margin
0 - 10 %
Business Loan
INR 50 L at 10% interest
Contact Business

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    There are 10 active and verified businesses seeking loan in Hubballi listed on SMERGERS as of 31 October 2020.
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