↩ Go Back
Need help?

Businesses Seeking Loan in Salem

Showing 1 - 14 of 14 Businesses Seeking Loan in Salem. Lend to a Business in Salem.

Filters
  • Salem

  • Business Loan

 

Brick Factory Seeking Loan in Salem, India

Experienced manufacturer top-quality fly ash bricks with 70+ clients in Salem, Tamil Nadu.
- Well established manufacturer of top-quality fly ash bricks. - We have a capacity of 10,000 bricks per day with 100% utilization. - We have 70+ clients which includes construction companies and contractors in Tamil Nadu. - MSME-registered company. - Compared to previous year our sales have dropped slightly as we had to halt operations to renovate our factory. However, post that our sales has recovered. - Promoter has 15+ years of experience in this industry.
Experienced manufacturer top-quality fly ash bricks with 70+ clients in Salem, Tamil Nadu.
7.2   Salem
Run Rate Sales
USD 100 thousand
EBITDA Margin
10 - 20 %
Business Loan
USD 360 K at 12%
Contact Business

Industrial Machinery Wholesale Business Seeking Loan in Salem, India

Industrial machinery wholesale company served 900+ clients seeks loan to finance orders and purchase inventory.
- 900 clients served. - Utilized in spinning mills, sago factories, and sabudha factories. - Market coverage extends to Salem, Namakal, and Bangalore, serving clients in the rice mill and broader industrial machinery industries. - Manufacturing operations outsourced to over 100 suppliers. - Sales experienced a decline this year attributed to supply chain challenges.
Industrial machinery wholesale company served 900+ clients seeks loan to finance orders and purchase inventory.
6.0   Salem
Run Rate Sales
USD 70 thousand
EBITDA Margin
20 %
Business Loan
USD 60 K at 12%
Contact Business

Textiles Wholesale Business Seeking Loan in Salem, India

Seeking Business Loan: Company manufactures & exports a broad range of knitted & woven fabrics.
- Our business is essentially a textile company that outsources the manufacturing, weaving, dyeing, and warping processes in order to produce a vast variety of knitted & woven fabrics. - We purchase raw materials which are essentially yarns from suppliers and then simply outsource the production from multiple manufacturers. - Post each step in the process, our company brings the material back to our facility and performs a comprehensive inspection to ensure the highest quality standards are maintained. - After the fabric is completely manufactured, we sell them in bulk to our clients as per their specific purchase orders. Clients can also completely customize the fabric as per their requirements. - Our clients are typically garment manufacturing companies. A few include Lee, H&M, Levi's, Wrangler, Tommy Hilfiger, Vans, etc. We have about 70 clients who provide us with recurring business. We also export fabric to multiple clients who are essentially international distributors. - The proceeds from the business loan along with a portion of the company's profits will be collectively used to fund the expansion plans of the business and fulfill multiple in-hand purchase orders. - Our company is entirely debt-free with no outstanding business loans, overdue, or defaults. - The company has one owner who has 100 percent ownership of the business. There are no other investors or shareholders.
5.8   Salem
Run Rate Sales
USD 360 thousand
EBITDA Margin
10 %
Business Loan
USD 70 K at 12%
Contact Business

Telecom Infrastructure Company Seeking Loan in Salem, India

Company providing software related to telecom infrastructure seeking a loan.
- We provide telecom software and installation infrastructure to wholesalers. We also deal in software used for money transfers. - This includes the biometric and swipe machines. We source these machines from our parent company in Mumbai. - Currently, we have 2-3 customers. - Due to covid our operations were partially halted. Hence our sales were low. Now we are working towards business expansion and acquiring more customers. - We charge a fixed one-time payment from the wholesaler of INR 55,000.
Company providing software related to telecom infrastructure seeking a loan.
6.8   Salem
Run Rate Sales
USD 13 thousand
EBITDA Margin
40 %
Business Loan
USD 2.4 K at 10%
Contact Business

Contractors Business Seeking Loan in Salem, India

Real estate company, with construction projects in hand, seeking funds to promote housing projects.
- Residential and commercial real estate development company based in Salem intending to take up projects across Tamil Nadu. - Incorporated a year back, the company has a 72 residential buildings project in the pipeline for which it requires funds. - In the final stage of signing the contract with the landowner for this project. - Have successfully completed 5 consultancy projects in the past year where we have worked and provided services such as valuation of the property. - Promoter is a full-time employee in the firm and has over 30 years of experience in project management and design.
6.9   Salem
Run Rate Sales
USD 7 thousand
EBITDA Margin
20 %
Business Loan
USD 120 K at 12%
Contact Business

Specialty Chemicals Business Seeking Loan in Salem, India

Distributor of a German brand specialty chemicals for textile regularly servicing more than 100 clients.
- Our company is a distributor of speciality chemicals of a popular German brand. - Our clients are textile companies based in Tamil Nadu. - We have over 100 regular clients. - Have twice received award for highest growth. - Promoters have over 25 years of industry experience.
7.7   Salem
Run Rate Sales
USD 1.2 million
EBITDA Margin
15 %
Business Loan
USD 240 K at 10%
Contact Business

Car Wash Seeking Loan in Salem, India

Newly established company providing complete car care solutions seeks funding to set up workshops.
- May 2018 established company providing complete car care services. - Before this we were a sole proprietorship firm and were operating a workshop on an area of 1,200 Sq Ft. - Have now formed a private limited company. - We have a land area of 40,000 Sq Ft and we are planning to open multiple workshops each measuring 1,500 Sq Ft. - For publicity of our company we are distributing flyers, attending events, putting up advertisements on local newspaper along with social media and digital marketing. - Promoter has an experience of 5 years in this industry.
7.4   Salem
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 30 K at 12%
Contact Business

Real Estate Construction Business Seeking Loan in Tamil Nadu, India

Real estate construction company with 10+ years of experience seeks loan against property.
- 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.
7.9   Tamil Nadu
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 3.6 Mn at 12%
Contact Business

Profitable Aquaculture Business Seeking Loan in Tamil Nadu, India

Working capital loan sought by a organic fish farm products business with a local clientele.
- 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.
6.9   Tamil Nadu
Run Rate Sales
USD 14 thousand
EBITDA Margin
30 - 40 %
Business Loan
USD 12 K at 18%
Contact Business

Medical Supplies Business Seeking Loan in Tamil Nadu, India

Manufacturer of of surgical gauze and bandage cloth with production of 5-6 lakh meters monthly.
- 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.
7.6   Tamil Nadu
Run Rate Sales
USD 300 thousand
EBITDA Margin
25 %
Business Loan
USD 240 K at 5%
Contact Business

Profitable Industrial Design Business Seeking Loan in Tamil Nadu, India

Firm offering 3D scanning, CAD modeling, and quality inspection services to 50+ MNC industrial customers.
- Offer 3D scanning, 2D drawing, CAD modeling, and quality inspection services to support the R&D activities of engineering companies. - Complete around over 60 projects per year. - The average project duration is 15 - 20 days. - Primarily cater to large MNC industrial clients. - Have over 50 regular clientele who repeatedly award projects to us. - Most of our clients are from the automotive and aerospace sector and they are concentrated in Hosur, Bangalore, and Chennai. - Our clients include Ford Motors, TVS Motors, Tata Motors, Mahindra & Mahindra, and Ashok Leyland. - Due to the COVID pandemic and general slowdown in the economy, most of our clients have halted production and scaled down R&D spending which has impacted our revenue significantly.
6.6   Tamil Nadu
Run Rate Sales
USD 14 thousand
EBITDA Margin
40 - 50 %
Business Loan
USD 36 K at 10%
Contact Business

Solar Products Company Seeking Loan in Tamil Nadu, India

Company designing and developing solar power plant projects seeks loan for projects in hand.
- Business started 8 years ago and was registered as a private limited company 3 years ago. - Company has 1 store room 3 offices in different parts of Tamil Nadu. - We design, develop, install, repair and maintain solar projects, solar water pumps for residential and commercial purpose. - Have 10 product suppliers for different types of solar products. - Completed over 100 small to big projects till date including commercial and residential projects. - Promoter has 10 years of experience in this industry. - Business owns a website, product inventory, 3 vehicles, equipment and tools.
Company designing and developing solar power plant projects seeks loan for projects in hand.
7.8   Tamil Nadu
Run Rate Sales
USD 500 thousand
EBITDA Margin
15 %
Business Loan
USD 300 K at 12%
Contact Business

Residential Real Estate Construction Company Seeking Loan in Madurai, India

Chennai residential real estate developers searching for a loan to complete a project in Madurai.
- Residential real estate project in the heart of Madurai. - One building with 16 units out of which 8 units have been sold. - 50%-60% has been completed and investment is required to complete the project. - More than 25 years experience in this field.
Chennai residential real estate developers searching for a loan to complete a project in Madurai.
8.1   Tamil Nadu
Run Rate Sales
USD 300 thousand
EBITDA Margin
20 %
Business Loan
USD 240 K at 17%
Contact Business

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%
Contact Business

Frequently
Asked
Questions

  • How many businesses seeking loan in Salem are listed on SMERGERS?
    There are 14 active and verified businesses seeking loan in Salem listed on SMERGERS as of 28 March 2024.
  • What level of due diligence does SMERGERS conduct on the businesses/member?

    SMERGERS scrutinizes all profiles and only features a select group of businesses, investors, advisors that meet a basic requirement. When required, certain members may have submitted some form of proof …read more

  • How active are the business profiles listed on SMERGERS?

    We regularly filter out businesses which are inactive or have already closed a transaction. Typically, if the business is actively looking to sell/raise capital, the status is shown in green.

  • How can I be sure about privacy and confidentiality?

    We understand the level of confidentiality required in strategic transactions and we strive to provide a safe and secure experience for our members. Please review our privacy policy. We …read more

  • How can I contact a business listed on SMERGERS?

    You need to be logged in before you connect with a business. Click here to register and message the business If you are already logged in, please use the contact …read more

  • Should you buy an existing business or start a business from scratch?

    Buying an existing business is generally an easier way to start a business with an immediate head start. It saves valuable time and administrative efforts, considering starting from scratch is …read more

  • How successful has SMERGERS been in helping its users successfully close a deal?

    SMERGERS is a discovery and matchmaking platform with a global reach. It helps in connecting Businesses, Investors, Acquirers, Lenders, M&A Advisors and Boutique Investment Banks across locations, industries and transactions. …read more

  • Show more