Businesses Seeking Loan in Mangalore

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Newly Established Grocery Shop Seeking Loan in Mangalore, India

Startup grocery business seeking funds to expand and launch its own online grocery platform.
- Startup grocery business with a retail shop and warehouse in Mangalore. - Have tied up with 2-3 farmers and 15-20 suppliers to procure the fruits, vegetables, and groceries. - Our grocery shop is located in a residential area near a well-known church in Mangalore, and we receive over 200 daily customers. - We have developed a business plan to expand through multiple retail stores and also set up our own online platform and need funds for operational costs. We plan to set up around 10-15 retails stores across the city and also to establish ourselves as the go-to online store for groceries pan India. - The development of the online grocery platform and mobile application is ongoing and is handled by a third-party developer. We can execute the expansion plan within 150 days of procuring the funds. - Post expansion, we expect to generate daily revenue of INR 14-15 lakh.
Startup grocery business seeking funds to expand and launch its own online grocery platform.
6.9   Mangalore
Run Rate Sales
INR 1.7 crore
EBITDA Margin
15 %
Business Loan
INR 5.5 Cr at 20% interest
Contact Business

Newly Established Auto Repair and Service Business Seeking Loan in Mangalore, India

Mangalore based business looking to set up an automotive service center for cars and trucks.
- Business is still in the pre-revenue phase. - The owners have an existing automotive service business in Oman that has been operational for 40 years. They are now looking to start a new automotive service center venture in Mangalore. - This is separate from the Oman business, and investment willy only be for the Mangalore based service center. - The land for the service center has been taken on lease and the construction and set up is completed. - We will be providing complete automotive services where all the vehicle needs will be covered under one roof. - We expect to begin operations by next month. - Business is currently in the process of registering as a private limited company.
Mangalore based business looking to set up an automotive service center for cars and trucks.
7.5   Mangalore
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
INR 50 L at 15% interest
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Small Vehicle Rental Company Seeking Loan in Mangalore, India

Mangalore based company providing car rental services to customers seeks funds to purchase more cars.
- Company registered in Bangalore and operating in Mangalore. - We provide rental cars with drivers and self-driving cars to customers. - We currently have 8 cars and all of them are 1-3 years old. - On average we receive 30 bookings per month. - On rare occasions, we receive a monthly booking from the customers. - We receive bookings through own website, through calls and office visits. - As we are a start-up company we are at a break-even stage and we expect to generate profit this year. - Business owns 8 cars, website, computers and furniture.
7.1   Mangalore
Run Rate Sales
INR 18 lakh
EBITDA Margin
Nil
Business Loan
INR 15 L at 10% interest
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Granite & Marble Business Seeking Loan in Mangalore, India

Business trading in Granite, selling it to clients in China, Japan, Poland and neighbouring European countries.
- Business trading in granite blocks and slabs, based in Mangalore that started operations in 1997. - We purchase raw granite from Norway, Poland, Brazil and 35 mining businesses in India. - Have our own factory in Mangalore where the granite is processed. - Raw granite is sold to companies in China and Japan who use this as raw material for their production. Semi-finished and finished granite is sold to Poland and neighbouring European countries. - Looking to set up a second factory in Mangalore to increase production capacity. Funds will be used for this purpose. - Physical assets include land, factory, machinery, raw material and stock.
Business trading in Granite, selling it to clients in China, Japan, Poland and neighbouring European countries.
7.8   Mangalore
Run Rate Sales
INR 15 crore
EBITDA Margin
18 %
Business Loan
INR 40 Cr at 14% interest
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Newly Established Precision Components Company Seeking Loan in Mangalore, India

Manufacturer of high precision turned and machined components catering to Aerospace and is also a watch movement manufacturer.
- Newly established company manufacturing high precision turned and machined components catering to Aerospace Industry. - We provide a wide range of custom machining services, including CNC milling, turning, grinding, mechanical component design, 3D printing, laser cutting & engraving. - Our production capacity is 3 Lakh components per day. - Our clients are based in Switzerland and US. - Company assets include machinery, website, client database, raw materials, and stock. - We recently took over an existing watch movement component manufacturing company along with running orders from reputed clients. - Both the promoters are qualified Mechanical Engineers and have substantial experience in the field of manufacturing.
6.8   Mangalore
Run Rate Sales
INR 4.8 crore
EBITDA Margin
28 %
Business Loan
INR 1 Cr at 15% interest
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Hardware Store Seeking Loan in Mangalore, India

Trader of hardware products selling 100+ varieties and having tie ups with 25 vendors.
- Trader of hardware products like pipes, nut bolts, pliers, taps. - We sell 100+ varieties. - Have tie ups with 25 vendors and 100+ wholesalers & retailers. - We also have 50 direct customers. - The outlet is located in the main market. - Owner has 12 years of industry experience.
6.6   Mangalore
Run Rate Sales
INR 60 lakh
EBITDA Margin
20 %
Business Loan
INR 10 L at 10% interest
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Agriculture Wholesale Business Seeking Loan in Mangalore, India

Importer and wholesale trader of raw cashew nuts having 8 industry tie ups in India.
- Importer and wholesale trader of raw cashew nuts in India. - Imports it from Africa and have tie ups with 10 vendors. - Business only operates from Nov - Mar every year. - In India, we directly sell it to processing factories like Sreedevi Cashews. - We supply to 8 such industries in India and 30 distributers in Mangalore. - Provide services only in Karnataka. - Owner has 30 years of industry experience.
6.3   Mangalore
Run Rate Sales
INR 1.2 crore
EBITDA Margin
5 %
Business Loan
INR 2 Cr at 15% interest
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Social Network Website Seeking Loan in Mangalore, India

Matrimonial website that will provide turnkey matrimony solution and target global market seeks business loan.
- We have just purchased the domain name from Godaddy and are in the process of development. - Have shortlisted 40 Web Development company for the same. - We'll provide complete Matrimony solution right from finding spouse to booking venues, booking caterers, etc. - Owner is an MBA graduate from UK in International Business and has worked at Dell and IBM.
5.3   Mangalore
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
INR 4 L at 10% 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 , Mangalore
Run Rate Sales
INR 18 crore
EBITDA Margin
18 %
Business Loan
INR 40 Cr at 10% interest
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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 , Mangalore
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 Mangalore listed on SMERGERS as of 28 October 2020.
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