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Businesses Seeking Loan in Ballari

Showing 1 - 7 of 7 Businesses Seeking Loan in Ballari. Lend to a Business in Ballari.

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Profitable Industrial Gas Business Seeking Loan in Ballari, India

Seeking Business Loan: Company dealing in industrial gases now wants to venture into manufacturing them.
- Company supplies industrial gasses to our clients in cylinders as per their purchase orders. - Our company owns multiple gas cylinders. These cylinders are filled with industrial gasses through our network of 5 to 7 industrial gas manufacturing companies at extremely nominal costs. - These cylinders are then supplied to about 15 to 20 clients who are essentially sub-contractors of JSW. These clients use these industrial gasses for fabrication & manufacturing works. - Once the cylinders run out, the clients give us the cylinders back and we prove them with a fully filled cylinder in exchange. This is the only source of revenue for our company. - However, with the proceeds from this business loan, we will be setting up a manufacturing unit to produce these industrial gases at our in-house facility. - These gasses will be sold to our existing clientele. This will allow us to increase our revenue, reduce costs, and capture a wider market. - Our company already possesses clientele to whom we supply industrial gasses. Hence, once we commence manufacturing, our company will be selling the gasses directly to existing clients. This will ensure return on investment at the very onset of operations. - This reduces the risk substantially which makes our company extremely valuable. The valuation is based on our own estimate. - Our business is entirely debt-free with no outstanding business loans, overdue, or defaults. - The company has one owner who has 100 percent ownership of the entire business. There are no outside investors or shareholders.
6.3   Ballari
Run Rate Sales
USD 22 thousand
EBITDA Margin
25 %
Business Loan
USD 600 K at 10%
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Agriculture Wholesale Business Seeking Loan in Karnataka, India

Wholesale paddy and rice trading business with collateral of INR 2 crore seeks a loan.
- Producer and wholesaler of rice and paddy. - We sell the produce from our own 70-acre farm and acquire more from farmers in the surrounding region. - Pre-Covid we had buyers in Haryana and Tamil Nadu, but now all our customers are based in Karnataka. - Our monthly sales volume fluctuates between 120-150 MT. - We hire trucks and deliver the products to our customers. - Our customers are wholesale buyers in the mandis.
Wholesale paddy and rice trading business with collateral of INR 2 crore seeks a loan.
8   Karnataka
Run Rate Sales
USD 240 thousand
EBITDA Margin
8 %
Business Loan
USD 180 K at 8%
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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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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.
6.7   Karnataka
Run Rate Sales
USD 300 thousand
EBITDA Margin
0 - 10 %
Business Loan
USD 60 K at 10%
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Precision Components Company Seeking Loan in Karnataka, India

Seeking Business Loan: Company that manufactures specialised precision components for the aerospace industry.
- Our company specialises in manufacturing specialised precision competes for its clients in the aerospace industry. - We provide a wide range of custom machining services, including CNC milling, turning, grinding, mechanical component design, 3D printing, laser cutting & engraving. - Our production capacity is 3 Lakh components per day. - Company assets include machinery, website, client database, raw materials, and stock. - We recently took over an existing watch movement component manufacturing company along with running orders from reputed clients. - Both the promoters are qualified Mechanical Engineers and have substantial experience in the field of manufacturing. - Our revenue has soared to an all-time high due to a large influx of clients we have received. Currently, we possess purchase orders worth INR 10 crores that are yet to be fulfilled.
7.1   Karnataka
Run Rate Sales
USD 220 thousand
EBITDA Margin
20 %
Business Loan
USD 120 K at 15%
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Agriculture Wholesale Company Seeking Loan in Ballari, India

Agriculture products business having their own 20-acre land seeks funds for expansion.
- Newly started farming business based out of Ballari. - We have purchased a 20-acre land and are in the process of registering additional 20-acre land. - Already have tie-ups with 15 clients for the supply of products. - All the directors have 20 years of experience in the farming industry. - We have a plan to grow sandalwood and red sandalwood.
6.5   Ballari
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 60 K at 10%
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Small Scrap Metal Business Seeking Loan in Ballari, India

Metal scrap supplying business ready with all approvals, seeking funds for working capital.
- We have all approval for export and import of metal scrap for metals like aluminum, copper, iron, etc. - We are an authorized dealer of Hindalco but need funds for working capital and to clear customs. - Have 4-5 ready customers in hand.
6.9   Ballari
Run Rate Sales
USD 14 thousand
EBITDA Margin
Nil
Business Loan
USD 60 K at 15%
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    There are 7 active and verified businesses seeking loan in Ballari listed on SMERGERS as of 19 April 2024.
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