Businesses Seeking Loan in Tumkur

Results 1 - 4 of 4 - Businesses Seeking Loan in Tumkur. Lend to a Business in Tumkur.

  • Tumkur

  • Business Loan

Household Products Business Seeking Loan in Tumkur, India

Tumkur based business manufacturing disposable and eco-friendly plates and bowls, selling them to 12 distributors.
- The products are made out of Areca palm leaf. - Have a manufacturing unit that has a capacity of producing 18,000 units of product per day. - Products are currently being sold to 12 distributors who further sell the products pan India. - We are looking to on-board a food delivery business as a client who will use our plates and bowls in their food packaging. - We will also begin exporting our products to the USA and Europe markets in the coming few months. - Revenue has decreased due to covid-19, but it is slowly starting to pick back up.
6.9   Tumkur
Run Rate Sales
INR 72 lakh
10 %
Business Loan
INR 40 L at 11% interest
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Pipes & Valves Business Seeking Loan in Tumkur, India

One of the leading manufacturer of RCC pipes having executed Government orders.
- Manufacturer of RCC products. - We produce 10 varieties of products which includes pipes, cement bricks. - Our production capacity is 2 lakh units. - We work on a tender basis for Government orders. - Have executed orders for 100+ clients. - Owner has 15 years of industry experience.
5.4   Tumkur
Run Rate Sales
INR 1.4 crore
20 %
Business Loan
INR 5 Cr at 16% 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 , Tumkur
Run Rate Sales
INR 18 crore
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 , Tumkur
Run Rate Sales
INR 2.4 crore
0 - 10 %
Business Loan
INR 50 L at 10% interest
Contact Business


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    There are 4 active and verified businesses seeking loan in Tumkur listed on SMERGERS as of 25 October 2020.
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