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Businesses Seeking Loan in Tumkur

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

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Children Clothing Business Seeking Loan in Tumkur, India

Job works clothing manufacturer of casual and formal shirts for men and kids seeks loan.
- Company is a job works manufacturer for domestic clothing brands based in Bangalore. - Our manufacturing unit is based in Tumkur and has a maximum production capacity of 15,000 pieces per month working on an 8-10 hour shift. - We source the fabrics from local suppliers and provide contract manufacturing for 6+ domestic brands. - We are planning to launch our own brand of clothing which will be sold through distributors across Karnataka. - The promoter has over 5 years of experience in the apparel manufacturing industry and his father has over 35+ years of industry experience. - Business does not have any previous liabilities.
7.5   Tumkur
Run Rate Sales
USD 50 thousand
EBITDA Margin
20 %
Business Loan
USD 20 K at 22%
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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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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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Household Products Business Seeking Loan in Tumkur, India

Tumkur based business manufacturing disposable and eco-friendly plates and bowls, selling them to 12 distributors.
- The products are made out of Areca palm leaf. - Have a manufacturing unit that has a capacity of producing 18,000 units of product per day. - Products are currently being sold to 12 distributors who further sell the products pan India. - We are looking to on-board a food delivery business as a client who will use our plates and bowls in their food packaging. - We will also begin exporting our products to the USA and Europe markets in the coming few months. - Revenue has decreased due to covid-19, but it is slowly starting to pick back up.
6.9   Tumkur
Run Rate Sales
USD 90 thousand
EBITDA Margin
10 %
Business Loan
USD 50 K at 11%
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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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Pipes & Valves Business Seeking Loan in Tumkur, India

One of the leading manufacturer of RCC pipes having executed Government orders.
- Manufacturer of RCC products. - We produce 10 varieties of products which includes pipes, cement bricks. - Our production capacity is 2 lakh units. - We work on a tender basis for Government orders. - Have executed orders for 100+ clients. - Owner has 15 years of industry experience.
6.3   Tumkur
Run Rate Sales
USD 170 thousand
EBITDA Margin
20 %
Business Loan
USD 600 K at 16%
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    There are 7 active and verified businesses seeking loan in Tumkur listed on SMERGERS as of 29 March 2024.
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