Businesses Seeking Loan in Trichy

- Ice cream parlor business started in June last year with the first outlet being in the city center. - Within 10 months, it has opened another 3 outlets in Trichy, in which 1 outlet is our new branch and 2 are franchisees. - Also, more franchisee inquiries are lined up. - Now we have planned to start a manufacturing unit with a concept of direct selling to retailers as well as consumers.

- We provide BPO and IT software development support from the southern part of India. - Currently, we are doing a data collection and conversion process for a Europe client. - We have 10 permanent employees who are agents. - The promoter has over 15 years of experience in this industry.

- Apparel wholesale distributors in Trichy. - 7-8 manufacturers supply the product to us. - We sell the products to 35 retailers in Tamil Nadu. - Generate 65% of sales through kid's apparel sales and the rest through men's and women's apparel sales. - We have been running our business successfully for the last 1.5 years.

- Our business is currently engaged in fabrication of metal products like metal boilers and accessories. - On average, we manufacture 40 ton of fabricated metal products per month depending on the purchase orders. - We fulfil at least 12 purchase orders per year. - The facility has 2.5 acres of land which is unused and we plan to set-up a unit to recycle plastic and convert the same into shoes and garments. - We have identified 2 vendors from whom we will source the plastic. - Seeking a loan to purchase the machinery and get started on the same. We are looking for the machines on IndiaMart. - The business does not have any loans as of yet. - The business has a sole owner. - The recycling business will be carried under the same legal entity.

- Our business sells high quality vegetables, fruits, grocery items, and bakery products through our proprietary platforms. - We undertake orders only through our website & mobile application. Our app is available on Google Play Store for Android users. The iOS version is under development. - We receive & fulfil anywhere between 8 to 10 orders every month. Majority of the orders are received through the mobile app. - We have a network of 15 to 20 suppliers. Once, we receive an order, we purchase the products from our suppliers and bring them back to our facility. The products are then packaged & delivered by our team to the client's doorstep. - Currently, the scope of operations is limited across Trichy, Tamil Nadu only. Our team of 5 facilitate all the operations in the business such as purchasing products from the suppliers, deliveries, packaging, etc. - Our company is entirely debt-free with no outstanding business loans, overdue, or defaults. - The company has 2 directors and each has a 50 percent ownership in the company. There are no outside investors or shareholders. - The business is extremely valuable due to the enormous growth potential in the industry. The valuation is based on our own estimate.

- Platform providing easy, effective and affordable vehicle, household electronics, laptops, bike, taxi & car rental services. - Have around 50 vendors who are registered with us. - On average we receive 25 bookings per day. - Our services are offered in Tamil Nadu and Pondicherry. - Users can select the product (laptop, bike, taxi, car) and choose the duration according to their convenience, and can make the booking through our website. Duration can be from one day to a month. - 60% revenue is generated through laptop rental, website rental services and remaining 40% is from vehicle rentals. - We generate revenue from the vendors through commission on each booking. - Seeking funds to expand our business all over India. - Promoter has 5 years of experience in this business.

- Company is involved in the construction of commercial and residential properties across Tamil Nadu. - Seeking funds for a new project. - Completed 10 projects to date. - Promoters bring 10 years of experience to the company. - Revenue, profit margin, and facility details available upon request after introduction.

- Fish farm that grows organic fishes and sells products locally. - We sell our products to star hotels, college canteens and direct to house hold customers. - Have around 100 daily retail customers. - Apart from that we supply to retail stores in and around Coimbatore as well. - Have a Facebook page that we use for promotions. - The business is owned by one owner. - No outstanding loans or previous borrowing in the name of the business. - The operational head of the business is formally trained as a mechanical engineer. - We have 1 general maintenance person, 1 security, and 2 fishers.

- We are a manufacturer of medical gauze and medical cloth. - Company has been operational for over 8 years and has developed a good reputation with clients. - We sell directly to more than 86 hospitals within Tamil Nadu. - Have agents through whom we sell in other states pan India. We have more than 30-40 agents. - Per month we can supply around 5-6 lakh meters of gauze and bandage cloth. - We have around INR 6 crore worth of annual orders but we are unable to meet this due to our capacity.

- 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.