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Businesses Seeking Loan in Vizianagaram

Showing 1 - 6 of 6 Businesses Seeking Loan in Vizianagaram. Lend to a Business in Vizianagaram.

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Steel Company Seeking Loan in Andhra Pradesh, India

Seeking business loan: Manufacturer and supplier of steel strapping & packaging for engineered goods segment.
- Our unit commenced production in January 2020 and produces strapping goods as per ASTM standards. - We achieved manufacturing capacity of 12,000 tons in 2020 but the plant has a capacity of 24,000 tons per annum of high tensile steel strapping and 36 million seals. - 85 percent of our revenue is from producing and supplying high tensile strapping and the rest is from regular duty strappings and seals. - We supply goods in the domestic market to Steel Authority of India (SAIL) & Rashtriya Ispat Nigam Limited (RINL) along with over 120 small and large clients. All our products export to North America, Europe, Middle East, and Australasia as well. We hold no contract with these buyers but simply meet their purchase orders. - We are supplied with raw materials and working capital for production from JSW and Tata Steel. We possess no contracts with them either. - We have quality assurance laboratory established with computer controlled tensile, harness and corrosion testing machines. - Our company follows environment friendly practices by minimising emissions. We have tie-ups with 2 logistics firms for supply of products. There is no contract and the commission depends on the destination and volume. - The business invested heavily on building a suitable infrastructure during the first of operation due to which we did not exploit our complete production capacity nor did we take many purchase orders. This year due to a complete focus on production and increased demand, we increased our sales.
6.2   Andhra Pradesh
Run Rate Sales
USD 300 thousand
EBITDA Margin
8 %
Business Loan
USD 600 K at 12%
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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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School Seeking Loan in Andhra Pradesh, India

Educational society with 2 English medium schools having over 2,100 students is looking to expand.
- Educational society with 2 English medium schools under it, located in a district. - Our motto is to serve the public in rural areas by providing good quality education to students from rural backgrounds. - Conducts classes from nursery to 10th grade and is affiliated to the Board of Secondary Education of Andhra Pradesh. - We currently have over 2,100 students and more than 100 staff members with 5-15 years of expertise. - Have 100+ classrooms, 1 big library, 5 smart classrooms, 2 computer labs, and 2 science labs. - Provides lunch and hostel facilities to students. - Children's doctor and a pediatrician are available to provide medical consultation to students. - There is a good scope for expansion considering the demand from the local public and hence in this regard, we would like to construct additional buildings and improve the hostel facilities. - Business owned assets include school property, furniture, and equipment.
8.2   Andhra Pradesh
Run Rate Sales
USD 1.4 million
EBITDA Margin
20 - 30 %
Business Loan
USD 4 Mn at 10%
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Enterprise Software Company Seeking Loan in Andhra Pradesh, India

ERP business that has tied up with 400 educational institutions and served 1,000+ clients is seeking a loan.
- Offer ERP solutions, aids in the development of applications and offers consultation to businesses. More than 90% of the business' revenue comes from providing ERP solutions, specifically, to the education sector. - We have currently tied up with over 300 - 400 schools and colleges in 6 states across south India. Some institutions that we have tied up with include Achariya College of Engineering Technology in Pondicherry, Tapasya Education Institutions, Ramadevi Public School in Hyderabad and many more. - The business enters into long term agreements with their clients and their clients provide recurring yearly payments. - We have served over 1,000+ educational institutions till date. - Our ERP solutions are priced on the basis of the number of users and modules. On average, the prices range from INR 150 to INR 250 per student. - The value of the physical assets involved in the transaction includes the owned premises, internal furnishings, computer systems, servers. - Promoter is willing to offer his personal property as a collateral for the loan. The value of this property is around INR 70,00,000. - Business has an outstanding debt of INR 30,00,000 to INR 40,00,000 with an interest rate of 14% to 15%. The new loan won't be used as a top up.
8.0   Andhra Pradesh
Run Rate Sales
USD 70 thousand
EBITDA Margin
35 %
Business Loan
USD 60 K at 13%
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Film Production Business Seeking Loan in Vizianagaram, India

Film production company in Vizag having done 14 short films and 3 movies.
- Film production company that has completed 14 short films and 3 movies. - Promoter has worked as assistant director for 2 big budget movies and associate director for one movie. - We have contacts within 3 production houses and 15-20 distributors. - Have also done one ad film which is already published. - We are planning to start a low budget movie. Story is already written and we have also finalized the cast. - We own lighting equipment and we outsource professional camera work and other equipment to a 3rd party. - Seeking funds to start production of a low budget movie project.
6.8   Vizianagaram
Run Rate Sales
USD 70 thousand
EBITDA Margin
30 %
Business Loan
USD 30 K at 11%
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Courier Shop Seeking Loan in Vizianagaram, India

Vijayanagaram-based courier service company provides international service with 150-200 couriers orders every day.
- Our company is a postal and courier service provider business. - We take financial transfers, international payments, and government e-services. - Business receives 150-200 couriers orders every day. - We charge based on the package location, weight, and delivery timeline. - Our average international couriers are ranging from 6 days to 14 days based on the urgency of delivery. - We provide live tracking details of the couriers with live GPS locations. - The promoter has 7 years of experience in courier services.
Vijayanagaram-based courier service company provides international service with 150-200 couriers orders every day.
6.2   Vizianagaram
Run Rate Sales
USD 14 thousand
EBITDA Margin
30 - 40 %
Business Loan
USD 12 K at 12%
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    There are 6 active and verified businesses seeking loan in Vizianagaram listed on SMERGERS as of 28 March 2024.
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