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Businesses Seeking Loan in Roorkee

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

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Profitable Textiles Wholesale Business Seeking Loan in Roorkee, India

Textile knitting firm that supplies fabrics to apparel manufacturers, seeking funds for working capital.
- Our business provides knitting services. We buy yarn from open market, convert them into fabric and then sell it to the apparel manufacturing firms. - Started the business in July 2018, but due to working capital shortage, we are unable to meet orders. - Have two machines which has combined capacity to produce 884 kgs of output in 24 hours. - We are currently serving 2 clients. Post receiving working capital funding, we would be selling to more clients in Dehradun, Saharanpur and Delhi. - Owner of the company has experience working at RBS (Royal Bank of Scotland) and he has also done a course in textile before starting this business.
Textile knitting firm that supplies fabrics to apparel manufacturers, seeking funds for working capital.
7.8   Roorkee
Run Rate Sales
USD 4.3 thousand
EBITDA Margin
30 %
Business Loan
USD 60 K at 14%
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Industrial Automation Business Seeking Loan in Uttarakhand, India

Business providing automation solutions seeks a loan to complete 5 projects in the pipeline.
- Our business is engaged in providing automation solutions for projects, we are in the field of engineering. - We are comprehensive solution providers who envision, develop, produce, implement, and maintain innovative automation systems. - We offer our customers the solutions they require to boost productivity and fulfill their industrial objectives. - Procure the hardware raw material from our verified suppliers. - We are providing services in both the private and government sector. - We have 10 regular clients and a few of our key clients are ITC, HUL, Hero Motors, UJVN, etc. - Currently, we have 5 projects in the pipeline and to date, we have completed 20-25 projects. - The promoter has 15 years of experience in this field.
5.8   Uttarakhand
Run Rate Sales
USD 360 thousand
EBITDA Margin
5 %
Business Loan
USD 60 K at 10%
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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.
8.1   India
Run Rate Sales
USD 1.4 million
EBITDA Margin
7 %
Business Loan
USD 600 K at 12%
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Frozen Food Business Seeking Loan in Roorkee, India

Manufacturer and wholesaler of frozen fruits and vegetables having tie ups with hotels and caterers.
- Manufacturer and wholesaler of frozen fruits and vegetables. - Daily production capacity is 80 metric tons per day and we produce 10 varieties. - Have tie-ups with vegetable markets in Northern India. - Have tie up with 150 retailers and we also supply to caterers. - We have 120 contract based employees. - Promoter's experience of more than 10 years. - The high growth in the revenue is due to the expansion in the plant capacity.
8.0   Roorkee
Run Rate Sales
USD 6 million
EBITDA Margin
22 %
Business Loan
USD 3 Mn at 12%
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Interior Design & Architecture Seeking Loan in Roorkee, India

Interior decorator for homes, offices, and hotels with 5 ongoing projects seeks a loan.
- We are doing good in the market but due to the lack of machines, we can not provide delivery on time. - Having various clients in the market. Most of them are D2C clients but have also B2B clients. - Have completed 3 projects to date and have 5 projects in hand. - Have good experience in this industry.
5.7   Roorkee
Run Rate Sales
USD 43 thousand
EBITDA Margin
20 %
Business Loan
USD 18 K at 10%
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    There are 5 active and verified businesses seeking loan in Roorkee listed on SMERGERS as of 29 March 2024.
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