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Businesses Seeking Loan in Songadh

Showing 1 - 5 of 5 Businesses Seeking Loan in Songadh. Lend to a Business in Songadh.

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Electronics Store Seeking Loan in Songadh, India

Retail store located in Songadh, Gujarat selling electronic products since 2006, receiving 30+ walk-ins.
Selling electronic products such as LED TV, Fridge, Washing Machine, Mobiles, Computer, Laptop, Sound System. - We sell various brands like Samsung, Sony, LG, Apple, MI, Phillips, Godrej. - Shop is located on the main road near a bus stop. - Have served more than 6,000 customers till date. - We receive 30 to 40 walk-ins on a daily basis. - Have maintained stock of around INR 30 lakh at our shop. - We buy these products directly from wholesalers.
6.5   Songadh
Run Rate Sales
USD 108 thousand
EBITDA Margin
14 %
Business Loan
USD 12 K at 18%
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Profitable Coating Business Seeking Loan in Gujarat, India

Seeking Loan: Manufacturer of powder coatings for industrial applications with 60+ clients.
Gujarat based business specializing in coatings powder & aerosol touch up spray manufacturing. - Management team has experience of 26 years in this field. - Sole proprietor business and has pan India exposure. - Have more than 60 clients. Clients are furniture and tools manufacturing companies. - Capacity of the factory is 250 kgs of powder per hour but we are utilizing around 50% capacity with 12 hr shift. - Also have tie-up with Asian Paints for processing and supply. - Raw materials are procured from distributors at the moment but have plans to import directly from manufacturers going forward.
Seeking Loan: Manufacturer of powder coatings for industrial applications with 60+ clients.
7.1   Gujarat
Run Rate Sales
USD 172 thousand
EBITDA Margin
24 %
Business Loan
USD 72 K at 12%
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Jewellery Company Seeking Loan in Gujarat, India

Jewellery manufacturing company operating in Gujarat, selling their jewellery exclusively through own retail store.
A jewellery manufacturing company located in Gujarat. - We manufacture gold, silver and diamond jewellery. - We have our own manufacturing unit, and we also outsource a part of the manufacturing to a third party. - On a monthly basis the manufacturing unit produces on an average 1,500 grams of jewellery. - We have 20 suppliers from whom we procure materials from. - The company also has a retail store. The jewellery we manufacture is sold exclusively through this store under our brand name. - The store receives 150 customers on a monthly basis. - We intend to open more stores, for which we require funding.
7.1   Gujarat
Run Rate Sales
USD 290 thousand
EBITDA Margin
0 - 10 %
Business Loan
USD 1.44 Mn at 10%
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Oil & Gas Storage Company Seeking Loan in Gujarat, India

Maintenance, Inspection And Fabrication Of Crude Oil Storage Tanks.
We are one of the fastest growing company in this sector. - Have current huge project with IOCL. - Working for biggest crude oil tank in India in Jamnagar, Gujarat. - The project is worth at Rs. 9.5 crore. - We are also in talks with HMEL for new project. - Company has already executed a project to install 12 storage tank in Mundra. - Company generates revenue through bill on monthly basis but the processing time is very long so we are looking for loan to pay for our imported product.
7.4   Gujarat
Run Rate Sales
USD 860 thousand
EBITDA Margin
0 - 10 %
Business Loan
USD 48 K at 18%
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Microfinance Company Seeking Loan in India

Microfinancing business lending to 80,000+ women entrepreneurs in the low-income group across India.
Microfinancing company promoted by a group of accomplished individuals with nearly 120 years of cumulative experience in running financial services. - Lends to women entrepreneurs in the low-income category. These women are typically equipped with skills to take up sustainable micro-businesses, and access to timely funds is transforming lives. - Have 80,000+ cumulative loan members (all women) with a 99 % on-time repayment rate. (Due to Covid the current collection rate is around 85% + and is expected to reach 99% by the end of the year. ) - Has distributed INR 2,000 million+ (cumulative loans) and current outstanding portfolio of INR 500 million. - Has a model that enables a group of individuals (usually five) to take loans for income-generating activity by forming a group, wherein group members guarantee each other's loans. - Has own ERP system which gives adequate MIS data for - Capital Adequacy Ratio (CAR), Liquidity Risk Management, Interest Rate Coverage, Debt Equity Ratio and Reports relating to day-to-day activities of branches. - Approach post disbursement: Program monitoring and supervision: If required, providing the additional top-up loans. Women entrepreneurs are covered by microinsurance. - Loans ranging from INR 20,000 (USD 300) to INR 60,000 (USD 900) with up to 24 months repayment duration and monthly EMI and 22% rate of interest. - Have a license from RBI for micro-financing.
7.8   India
Run Rate Sales
USD 1.44 million
EBITDA Margin
7 %
Business Loan
USD 600 K at 12%
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    There are 5 active and verified businesses seeking loan in Songadh listed on SMERGERS as of 12 July 2024.
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