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Businesses Seeking Loan in Chennai

Showing 1 - 15 of 103 Businesses Seeking Loan in Chennai. Lend to a Business in Chennai.

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Newly Established Residential Real Estate Seeking Loan in Chennai, India

Residential real estate company seeks funds to build town houses in South Chennai.
- Residential real estate company focusing on bringing the USA-style townhouse concept to India, a first in the market. - Ongoing hospital project valued at INR 50 lakhs. - Residential project underway with designs finalized, featuring independent villas. - Projected timeline for completion of current projects is 6-8 months. - Identified a 1,000 sq. ft. land parcel in South Chennai for development. - Promoters bring 25 years of experience in the real estate industry. - Recently relocated headquarters to Chennai, originally incorporated in Sivakasi. - All necessary legal and regulatory compliances such as GST and incorporation licenses have been obtained.
7.1   Chennai
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 60 K at 5%
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Catering Company Seeking Loan in Chennai, India

Corporate (Especially to the IT sector) and event catering service provider seeks loan.
- Catering company specializing in North and South Indian cuisine for corporate clients. - Currently serving 7 corporate clients. - Promoter possesses over 20 years of industry experience. - Extensive network of contacts and maintains strong relationships within the industry. - Fully licensed with GST, FSSAI, and private ltd licenses. - We are experiencing high growth due to new clients and orders this year especially (and post covid)
Corporate (Especially to the IT sector) and event catering service provider seeks loan.
8.0   Chennai
Run Rate Sales
USD 240 thousand
EBITDA Margin
30 %
Business Loan
USD 150 K at 16%
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Elevator Business Seeking Loan in Chennai, India

Chennai-based elevator business with 6 employees, ISO 9001 certified with over 100+ clients seeking loans.
• Elevator manufacturer and dealer in Chennai with 6 employees. • Specializing in automation and material handling equipment, with a wide range of products and services including weighing indicator, loadcells, forklift, scissor lift, goods lift, hydraulic ramp, reach truck, and traction batteries. • Over 100+ clients and ISO 9001 certified. • Dealer, manufacturer, and service provider for all brands. • Batteries and Weighbridges. • Rail weighing solutions. • Manufacturing capacity of 3 lifts per month and 5 bridges per month. • Outsource raw materials.
6.5   Chennai
Run Rate Sales
USD 140 thousand
EBITDA Margin
0 - 10 %
Business Loan
USD 36 K at 10%
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Hospital Seeking Loan in Chennai, India

Eye hospital in Chennai with 30-50 daily patient footfall, 20 surgeries/month, seeking funds for expansion.
- Eye specialty hospital, located in Chennai. - Services include eye care, cataract surgery, retina laser, Lasik and home visits. - There is 1 full-time doctor and 3 visiting doctors. - Facilities available are 1 OT, 2 consultation rooms, a waiting area, an optical store, a pharmacy and a laser room. - Daily patient footfall is 30 to 50. - Approx. 20 surgeries take place in a month. - Planning to expand to 1 more floor and start pediatric eye care specialty. - The hospital has a corporation license, and has applied CEA license, yet to get one. Planning to get LLP registration as well.
Eye hospital in Chennai with 30-50 daily patient footfall, 20 surgeries/month, seeking funds for expansion.
6.0   Chennai
Run Rate Sales
USD 300 thousand
EBITDA Margin
40 %
Business Loan
USD 500 K at 11%
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School Seeking Loan in Chennai, India

Center for special needs children approved by Ministry of Social Justice & Empowerment, India.
- A social impact-based trust approved by the Ministry of Social Justice & Empowerment, Government of India. - Has 24 staff including therapists. - The center has 100 students. - The trustee is a mother to an autistic daughter with 15 years of experience in Special needs. - Wish to operate more centers in Chennai with 100+ Special needs students in each center.
Center for special needs children approved by Ministry of Social Justice & Empowerment, India.
7.7   Chennai
Run Rate Sales
USD 130 thousand
EBITDA Margin
10 - 20 %
Business Loan
USD 18 K at 15%
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Motorcycle Dealers Business Seeking Loan in Chennai, India

EV distributor for TN&PY with 3 Retail showrooms/Appointed Dealers across 25 districts seeks expansionary funding.
Aiming to hit INR 120 crore of annual revenue in the next two years. Currently, we are an INR 31 crore annual turnover company. This is the right moment to scale up, and we need to do it fast. We are the exclusive distributors of an emerging electric vehicle brand for 2W electric vehicles and spares. We are distributors for both retail and wholesale customers. Our EV brand is one of the only competent and viable mid-level players in the 2W EV segment. Ather and Ola are in the premium segment and the removal of FAME subsidies has further increased their price points. Our brand and its products thus have a competitive advantage as they are patented, have good cash flow, and have all the necessary regulatory approvals. 80% of revenue comes from retail 2W EV sales and the rest is from the sale of spares. We get about 40-60 walk-in customers every day across our three showrooms in Chennai. All appointed dealers buy both vehicles and spares from us and they have a 45-day payment period. Our revenue per employee is at par with the industry standards. The high growth in revenue is due to the attractive price point of our models, especially, after Ather and Ola increased their prices. We invite others to join us and engage in an honest, transparent, and trustworthy relationship, with many more exciting ideas to be implemented in the future.
EV distributor for TN&PY with 3 Retail showrooms/Appointed Dealers across 25 districts seeks expansionary funding.
8.7   Chennai
Run Rate Sales
USD 7 million
EBITDA Margin
6 %
Business Loan
USD 700 K at 18%
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Recruitment Agency Seeking Loan in Chennai, India

Recruitment placements and training provider and employment agency in staffing and supplying manpower.
- Currently catering to 7 clients. 5 clients are from Chennai and 2 clients are from Mumbai. - We charge a commission of 8.33% of CTC per employee. - We help in recruitment at all levels. - The promoter has 10+ years of experience in this industry. - We have 5 employees (3 HR, 1 admin, 1 accountant)
6.9   Chennai
Run Rate Sales
USD 24 thousand
EBITDA Margin
10 %
Business Loan
USD 24 K at 10%
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Newly Established Agriculture Support Company Seeking Loan in Chennai, India

Business seeks loan to develop customized agritech system for crops to improve productivity and yield.
The business aims to revolutionize agriculture through advanced technology and physical systems that can optimize crop production, improve yield and quality, and reduce costs and environmental impact. The business focuses on two crops: tea and cassava, which are important crops with significant economic and nutritional value in many regions, especially in Asia and Africa. Business will offer customized hardware and software solutions that are tailored to the specific needs of different crops or regions. The solutions use sensors, actuators, software, and data analysis to monitor and control various parameters related to soil, weather, water, fertilizers, pests, diseases, etc. We will primarily cater to B2B corporate customers engaged in contract farming or large-scale farming operations by supplying specialized solutions. We also plan to expand our business model to include subscription-based services for individual farmers with a freemium app and a blockchain platform. The business has a strong team of experts, developers, and salespeople who have extensive experience and knowledge in the field of agriculture technology. The founder and CEO of the business has four decades of industrial experience in various sectors and a deep understanding of the pain points of farmers. The business has established strategic partnerships with one of the largest tea plantations for field trials of TeaCPS and a renowned agricultural university for field trials and validation of RootCPS. It has also received positive feedback and testimonials from its early customers. The business has a clear vision and mission to lead the global transformation of agriculture into a smart, connected, and sustainable industry. We strive to empower farmers and agribusinesses to achieve unprecedented productivity, profitability, and environmental stewardship while attracting new talent. The business has set ambitious growth targets: Subscription base for the freemium app: 1 million farmers in 2 years, 10 million in 5 years, and 50 million in 15 years. It aims to achieve these targets by focusing on innovation, customer satisfaction, scalability, and expansion. Sensors are manufactured by other companies, we will buy and assemble them here and integrate them with the software. Singed MoU with Tamil Nadu Agricultural Organization for field test and product purchase. We will offer subscription-based services for individual farmers. These are affordable and user-friendly services that offer access solutions through a freemium app and a blockchain platform, enabling farmers to benefit from data-driven insights and recommendations for their crops. The main users of these products and services are farmers and agribusinesses who want to adopt modern and sustainable agricultural technologies. This includes small-scale and marginal farmers, as well as large-scale and commercial farmers, who grow tea and cassava crops in India and other regions.
6.6   Chennai
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 100 K at 10%
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Newly Established IT Consultancy Company Seeking Loan in Chennai, India

UAE-based IT implementation and support services company seeks funding to commence operations in Chennai.
- 4 clients in the UAE, and we are yet to commence sales and operations in Chennai. - Implementation pricing starts at USD 30,000 and we cater to clients of all scales and industries. - The licensing pricing is set by Microsoft and we get a 40% commission for each license. - The owners have been in this market for 13-14 years and they leveraged their existing network to get the 4 clients. - The business owner is in Chennai and can be reached out on their Indian phone number.
7.2   Chennai
Run Rate Sales
USD 60 thousand
EBITDA Margin
20 %
Business Loan
USD 36 K at 8%
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Profitable Used Car Dealers Company Seeking Loan in Chennai, India

Multi-brand pre-owned cars company selling 15-25 cars monthly seeks a loan.
- Have sold 386 cars in a year and made the best deals in the market. - Currently, selling around 15-25 cars monthly. - We refurbish the car if any damages and then sell them to the customer. - A car is sold at an average of INR 3 lakhs higher than the price sold to us. - The user can take the car for an independent inspection before making a purchase. - Financing options like loans are available for purchasing a used car. We have tied with 20 banks that will provide loans. We also receive a commission of 3% of the loan amount from the bank. - We supply cars all over Tamil Nadu based on requirements from dealers and direct customers. - We are able to generate the provided revenue since we are able to sell a good number of cars monthly and we have a good margin. - Company is registered in Kovur which is 22 km away from Chennai.
Multi-brand pre-owned cars company selling 15-25 cars monthly seeks a loan.
6.2   Chennai
Run Rate Sales
USD 900 thousand
EBITDA Margin
30 - 40 %
Business Loan
USD 1 Mn at 10%
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Ecommerce Website Seeking Loan in Chennai, India

Newly incorporated e-commerce business that receives traffic of 2.5L users daily based in Chennai.
- The website takes care of the complete e-commerce needs of the client. - The business started its operations just a couple of months back. - Newly incorporated with a unique payment feature for sellers on the website. - The traffic on the website is 2.5L per day. - We provide dedicated relationship managers to promote the product to customers through social media within 48hrs. - We provide extensive customer care support. - The platform received 25-30 orders in the last month. - The promotor has 18 years of experience in the banking industry. - We are in the process of marketing and making the brand name known by distributing pamphlets all around Chennai. - We have 3 people in charge of marketing, 5 for support, 4 people as business development manager and account executive, and HR. - We make money based on commission for each product sold through our website. .
7.8   Chennai
Run Rate Sales
USD 22 thousand
EBITDA Margin
12 %
Business Loan
USD 30 K at 11%
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Software Testing Services Company Seeking Loan in Chennai, India

Early-stage startup from IT, ITES, and R&D sector looking for funds to scale up business.
We are cloud-based service provider providing multiple business solutions for different target customers established from Chennai in the year 2018. The company has six verticals: 1. "IT and ITES for SaaS, PaaS & IaaS products & services", 2. "Research and development" in the energy sector. 3. Electronic devices for aviation and investors. 4. Digital marketing and social marketing for all types of businesses in eCommerce. 5. Transportation services. 6. Import & export rice, mushrooms, cereals, spices, and dry fruits. We offer a wide range of IT-related services starting with the initial setup and configuration of any type of virtual office environment, hardware and finishing with the installation of niche-specific software. Have developed our own products, those are 3D printing, security devices for data communication, autonomous transport using drones or UAVs for eCommerce product deliveries, Pan India eCommerce business collaboration from different vendors from Panicha. In portal, free energy metal mixture solution for power generation from available light sources, and the other is an AI-powered platform that leverages the strength of machine learning to drive insightful and engaging service experiences. Most of the revenue contribution is through our software products. Our assets include a website, licenses, Intellectual properties, laptops, client database, software, electronic devices, batteries, and drone motors. Currently, we have tied up with Amazon for warehousing and selling products online, also we are looking for collaborated long-term business customers. And others are nearly 300+ reliable customers available through social marketing. We participated in Fintech Challenge and received a runner-up certificate with a cash Price of Rs. 25,000/-. The business will have a commission-based revenue model. We charge of % of total sales that have been done through our integration platforms. We currently have 2 employees. Our revenue is less as we still are at an early stage. We are planning to hire more employees. The company is registered in Kancheepuram, but our office is in Chennai. Since we are an early-age start-up and have diverse services, we are currently operating at a loss.
7.5   Chennai
Run Rate Sales
USD 3.6 thousand
EBITDA Margin
Operating at loss
Business Loan
USD 60 K at 9%
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Web & Mobile Development Company Seeking Loan in Chennai, India

Website and software development company seek loan for business expansion in the healthcare sector.
- Website, applications and software development company that has been operational for over 6 years. - Business has 50+ clients. - We have 10+ ongoing projects. - Clients are from Singapore, the US, the UK, Canada, UAE. - Size of the company we serve varies from big MNCs to small firms.
Website and software development company seek loan for business expansion in the healthcare sector.
8.0   Chennai
Run Rate Sales
USD 320 thousand
EBITDA Margin
20 %
Business Loan
USD 180 K at 10%
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Warehousing Company Seeking Loan in Chennai, India

Pan India logistic solution providers that serve India's largest FMCG conglomerates.
Logistics in India is expected to grow rapidly as the Indian consumer market is growing. We have a multi-decade relationship with India's leading FMCG conglomerate and provide critical, tailor-made logistics solutions. - Our core team has been with us for over 15 years. - We have a strong mix of assets & technology, poised for growth in India's $5T economy vision. - 60% of the revenue is generated from transport, 20% from warehousing, and 20% from 3PL. - Business has 7-8 regular clients and work with them on a yearly contract basis.
7.4   Chennai
Run Rate Sales
USD 4.3 million
EBITDA Margin
10 - 20 %
Business Loan
USD 360 K at 14%
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Integrated Logistics Operator Seeking Loan in Chennai, India

Business having a defense Air-Force order of INR 170 cr seeks loan for its execution.
- The business is involved in transporting goods from mostly Chennai or Vizag to Andaman. - Currently only dealing with defense goods. - We have received a work order of 5L metric tonne aggregate. - The business is looking for investment to buy a ship and execute this order. - We have completed one previous order for NCC logistics, which was from Malaysia to Andaman. - The director has 27 years of experience in this field and has served as a captain. - Business will be receiving 2 more orders after the execution of the current order and this order value can be around INR 400 cr. - The business deals in huge bulk orders, and we hire third-party manpower services for order execution.
Business having a defense Air-Force order of INR 170 cr seeks loan for its execution.
6.6   Chennai
Run Rate Sales
USD 900 thousand
EBITDA Margin
10 %
Business Loan
USD 2.4 Mn at 10%
Contact Business

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  • How many businesses seeking loan in Chennai are listed on SMERGERS?
    There are 103 active and verified businesses seeking loan in Chennai listed on SMERGERS as of 16 April 2024.
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