Businesses Seeking Loan in Salem

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Newly Established Contractors Business Seeking Loan in Salem, India

Real estate company, with construction projects in hand, seeking funds to promote housing projects.
- Residential and commercial real estate development company based in Salem intending to take up projects across Tamil Nadu. - Incorporated a year back, the company has a 72 residential buildings project in the pipeline for which it requires funds. - In the final stage of signing the contract with the landowner for this project. - Have successfully completed 5 consultancy projects in the past year where we have worked and provided services such as valuation of the property. - Promoter is a full-time employee in the firm and has over 30 years of experience in project management and design.
5.7   Salem
Run Rate Sales
INR 6 lakh
EBITDA Margin
20 %
Business Loan
INR 1 Cr at 12% interest
Contact Business

Hardware Store Seeking Loan in Salem, India

Tiles and sanitaryware retail outlet in Salem with leading brands and good clients.
- Tiles and sanitaryware business running for more than 15 years. - We sell different types of tiles, floorings, sanitaryware and pipe fittings. - We have one own showroom cum warehouse in Salem. - Our clients are leading architects, contractors and builders. Apart from these clients, we receive a daily walk-in of 10-20 customers in total. - We have a good reputation in the market for our prompt service. - Products are purchased directly from mining manufacturing companies. - Have a good relationship with our clients. - Business owns the land, building and product inventory.
Tiles and sanitaryware retail outlet in Salem with leading brands and good clients.
6.4   Salem
Run Rate Sales
INR 6 crore
EBITDA Margin
10 %
Business Loan
INR 2.5 Cr at 10% interest
Contact Business

Paper Packaging Business Seeking Loan in Salem, India

Manufacturer of eco-friendly paper covers and shopping bags requires funds for expansion.
- We are into manufacturing of eco friendly paper bags. - Company also manufactures and sells eco friendly paper bags to clients in Tamil Nadu as well as Bangalore. - Have contracts for around 8 Lakh units of shopping bags per month for clients in Tamil Nadu. - Also make 40-50 tonnes of paper covers per month that is sold to clients in Bangalore. - Company's physical assets include owned factory as well as machinery and equipment used in manufacturing.
Manufacturer of eco-friendly paper covers and shopping bags requires funds for expansion.
7.2   Salem
Run Rate Sales
INR 1.8 crore
EBITDA Margin
20 %
Business Loan
INR 50 L at 10% interest
Contact Business

Specialty Chemicals Business Seeking Loan in Salem, India

Distributor of a German brand specialty chemicals for textile regularly servicing more than 100 clients.
- Our company is a distributor of speciality chemicals of a popular German brand. - Our clients are textile companies based in Tamil Nadu. - We have over 100 regular clients. - Have twice received award for highest growth. - Promoters have over 25 years of industry experience.
7.7   Salem
Run Rate Sales
INR 10 crore
EBITDA Margin
15 %
Business Loan
INR 2 Cr at 10% interest
Contact Business

Car Wash Seeking Loan in Salem, India

Newly established company providing complete car care solutions seeks funding to set up workshops.
- May 2018 established company providing complete car care services. - Before this we were a sole proprietorship firm and were operating a workshop on an area of 1,200 Sq Ft. - Have now formed a private limited company. - We have a land area of 40,000 Sq Ft and we are planning to open multiple workshops each measuring 1,500 Sq Ft. - For publicity of our company we are distributing flyers, attending events, putting up advertisements on local newspaper along with social media and digital marketing. - Promoter has an experience of 5 years in this industry.
8.0   Salem
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
INR 25 L at 12% interest
Contact Business

Agriculture Wholesale Company Seeking Loan in Salem, India

Distributor of fruits and agro products having 6 vendor tie ups.
- Distributor of fruits and agro products like Apple, Orange, Potato. - Have tie ups with 6 vendors and 3 clients. - Importing from Iran, China and we want to export the products to Sri Lanka. - We have an order size worth of INR 25 Lakhs in hand. - The export license has permanent validity. - Owner has 3 years of industry experience.
5.9   Salem
Run Rate Sales
INR 38.4 lakh
EBITDA Margin
10 %
Business Loan
INR 9 L at 24% interest
Contact Business

Ecommerce Website Seeking Loan in Salem, India

E-commerce website for sarees wants funds to start activities.
- E-commerce website for sale of sarees. - Operations have not yet begun.
5.6   Salem
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
INR 15 L at 10% interest
Contact Business

Newly Established Industrial Design Business Seeking Loan in Tamil Nadu, India

Firm offering 3D scanning, CAD modeling, and quality inspection services to 50+ MNC industrial customers.
- Offer 3D scanning, 2D drawing, CAD modeling, and quality inspection services to support the R&D activities of engineering companies. - Complete around over 60 projects per year. - The average project duration is 15 - 20 days. - Primarily cater to large MNC industrial clients. - Have over 50 regular clientele who repeatedly award projects to us. - Most of our clients are from the automotive and aerospace sector and they are concentrated in Hosur, Bangalore, and Chennai. - Our clients include Ford Motors, TVS Motors, Tata Motors, Mahindra & Mahindra, and Ashok Leyland. - Due to the COVID pandemic and general slowdown in the economy, most of our clients have halted production and scaled down R&D spending which has impacted our revenue significantly.
6.5   Tamil Nadu , Salem
Run Rate Sales
INR 12 lakh
EBITDA Margin
40 - 50 %
Business Loan
INR 30 L at 10% interest
Contact Business

Solar Projects Company Seeking Loan in Tamil Nadu, India

Company designing and developing solar power plant projects seeks loan for projects in hand.
- Business started 8 years ago and was registered as a private limited company 3 years ago. - Company has 1 store room 3 offices in different parts of Tamil Nadu. - We design, develop, install, repair and maintain solar projects, solar water pumps for residential and commercial purpose. - Have 10 product suppliers for different types of solar products. - Completed over 100 small to big projects till date including commercial and residential projects. - Promoter has 10 years of experience in this industry. - Business owns a website, product inventory, 3 vehicles, equipment and tools.
Company designing and developing solar power plant projects seeks loan for projects in hand.
7.5   Tamil Nadu , Salem
Run Rate Sales
INR 4.1 crore
EBITDA Margin
15 %
Business Loan
INR 2.5 Cr at 12% interest
Contact Business

Residential Real Estate Construction Company Seeking Loan in Madurai, India

Chennai residential real estate developers searching for a loan to complete a project in Madurai.
- Residential real estate project in the heart of Madurai. - One building with 16 units out of which 8 units have been sold. - 50%-60% has been completed and investment is required to complete the project. - More than 25 years experience in this field.
Chennai residential real estate developers searching for a loan to complete a project in Madurai.
7.5   Tamil Nadu , Salem
Run Rate Sales
INR 2.4 crore
EBITDA Margin
20 %
Business Loan
INR 2 Cr at 17% interest
Contact Business

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  • How many businesses seeking loan in Salem are listed on SMERGERS?
    There are 10 active and verified businesses seeking loan in Salem listed on SMERGERS as of 31 October 2020.
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