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Businesses Seeking Loan in Udupi

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

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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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Plastic Packaging Company Seeking Loan in Udupi, India

We are manufacturers of Plastic pet products useful for Beverage packing.
- Newly started company engaged in manufacturing of Plastic Pet products which is used for Beverage packing industry. - We use best in industry machines, materials and labor with utmost importance on quality of product and service. - We source our raw materials from Reliance. - Right now we are doing a daily production of 3 tons. - We have more than 20 clients. - We started our production in January and we are doing 40% of production. On seasonal basis we will do 80% of production. - Industry is expected to grow @15% p. a. - We have a good local market share. - Promoters have 45 years of experience in Trade, Construction and manufacturing of plastic products.
6.3   Udupi
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 240 K at 8%
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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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Coaching Centers Company Seeking Loan in Udupi, India

Business that provides various employability skill trainings with placements to students job seekers, seeks loan.
- Educational company providing employability skills & trainings to working professionals. - Industry experienced trainers who train the job seekers practically. - Hiring partnerships with corporate for candidate sourcing & up-skilling trainings. - To date, we have successfully placed 2,000+ candidates, and have 1,000+ candidates enrolled with us. - We charge the candidates a course/program fee. - Our business started out as a general partnership in 2017 but we got incorporated as a private limited entity in 2019.
Business that provides various employability skill trainings with placements to students job seekers, seeks loan.
7.4   Udupi
Run Rate Sales
USD 140 thousand
EBITDA Margin
20 - 30 %
Business Loan
USD 120 K at 12%
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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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Profitable Automobile Parts Wholesale Business Seeking Loan in Udupi, India

Automobile spare parts dealers in bike, car & heavy vehicles in Udupi with 500+ customers.
- We are an automotive spare parts dealer with a team to dismantle the vehicle's spare parts for sale and scrap. - On a daily basis our workshop receives 15-20 customers. In total, we have 500+ customers. - We also purchase branded spare parts and have a tie-up with one such brand. - Currently, the business has small-scale operations and is not registered. - We require funds to expand and scale our business. - The business has one owner with a 100% stake in the company. - Company does not have any outstanding liabilities.
Automobile spare parts dealers in bike, car & heavy vehicles in Udupi with 500+ customers.
6.4   Udupi
Run Rate Sales
USD 43 thousand
EBITDA Margin
20 - 30 %
Business Loan
USD 36 K at 12%
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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.
8.0   Karnataka
Run Rate Sales
USD 240 thousand
EBITDA Margin
8 %
Business Loan
USD 180 K at 8%
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    There are 7 active and verified businesses seeking loan in Udupi listed on SMERGERS as of 29 March 2024.
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