Businesses Seeking Loan

New start-up company established for the production of disposable syringes. We have approvals from government institutions for the production and export of our products also. The company only has the land and the unit still has to be established. We are seeking funds to purchase production machinery. The business will make money by selling the products to private and government hospitals across India, and by exporting the products.

Pet shop in North Kolkata. - The store provides a wide variety of pet foods and pet wellness products. - We get about 250+ monthly customers. - We advertise through platforms like Just dial and Instagram. - Debt-free sole proprietorship.

Pet shop in North Kolkata. - The store provides a wide variety of pet foods and pet wellness products. - We get about 250+ monthly customers. - We advertise through platforms like Just dial and Instagram. - Debt-free sole proprietorship.

Distributor of Industrial machinery for 4 brands to clients across multiple sectors. - We have over 65,000 clients all over India. - Our clients are from various industries such as food processing mills, footwear manufacturers, garment manufacturers, and paper plate manufacturers. - We are an ISO 9001: 2015 certified company under the provision of industrial machinery supplies. - Promoter has over 8 years of experience in industrial machinery wholesale. - Business is a sole proprietorship. - The promoter has taken a business loan of INR 5 lakhs.

Business involved in the production and sale of water purifiers and miscellaneous hotel equipment. - Supplying to over 50+ customers in Mysore. - We assemble the water purifiers ourselves and do trading of the hotel equipment. - The business has all basic registrations like the GST certificate and Udyam certificate. - The business's sales have been low as we need capital to book bigger orders.

We have started this organization, in order to provide the best microfinance services to cater for the financial needs (under the JLG/individual model) of the underprivileged & unbanked section of our society. - Currently, we are working as an NPA recovery partner of four reputed NBFCs (Hinduja, Muthoot, Reliance Capital & Chola) for Jharkhand, Bihar & West Bengal states and BC (Business Correspondent) partner for MSME & JLG business with three reputed NBFCs (Arthmate Financing India, Avanti Finance & Clix Capital). - Established in the middle of last year, but started our operation as an NPA recovery partner from December onward & as a BC partner 6 months ago. - Presently we are having a tie-up with Arthmate Financing India Private Limited for Jharkhand & Odisha states for MSME loans. Right now, we have two branches with Arthmate. These are at Ranchi & Pakur. - We need to open 15 more branches at the mentioned two states to provide services of Arthmate. Currently, we are having AUM (Asset Under Management) of INR 0.17 Cr with Arthmate. We have recently started working as BC partners for JLG loans of Avanti Finance (a TATA group company). Initially, Avanti has allowed us for three districts of Jharkhand. These are East Signbhum, West Singhbhum & Seraikela Kharsawan. They have allocated three more districts (Gumla, Khunti & Pakur) of Jharkhand. We are going to open 5 more branches with Avanti within this month. Based on their initial allocation, we have opened 6 branches in the mentioned geography, these are Seraikela, Chandil, Hata, Chaibasa, Chakradharpur & Jagannathpur. As of now, we have having AUM of INR 6.86 Cr with Avanti Finance. - Revenue model: We get paid on a profit-sharing basis from the interest collected. The NBFCs charge a 27% interest of which we get half of the interest received. - Most of our branches were recently opened and we now have 10 different branches with a total of 64 employees. Most of the staff are customer service officers and are overseen by the branch managers. - Being a Core team member & key managerial person (KMP) of this organization, the promoter has over a decade of sound experience from different NBFC-MFIs, across the country. - Our other core team members also have 12 to 15 years of average experience in the Financial Sector. We are going to be associated with a few more organizations (like Arohan, Annapurna, Samunnati etc) soon. - We are following 100% cashless collection & triple level verification before disbursement. Considering the situation, to enhance our business and open new branches across the country, we need at least a working capital of Rs- 1.5 Cr- 2 Cr.

Wholesale distributor of metal hardware tools, based in Venezuela. - Products include screws, nuts, washers, fasteners, tools and rivets. - Our business is B2B. - Have 500+ clients. We supply to automotive and residential real estate construction companies across the country. - We have seen a significant growth because we have expanded the number of sales representatives nationwide and we are now reaching more cities and towns. - Products are bought from manufacturers across Venezuela, distributors. A few products are imported from Panama and China. - Receive between 100 to 120 orders in a month. Order value is $100 for small orders and can go up to $2000. - The owner has more than 15 years of experience in the hardware distribution market.