Businesses Seeking Loan in Visakhapatnam

- 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.

- We are a startup based in Vizag that provide On-Demand services for hotels and individual clients. along with this, we have restaurants in Vizag and Vijayawada. - Have tie-ups with OYO rooms to provide hotel renovation and maintenance services across Andhra Pradesh. we are currently working for some oyo upcoming properties in vizag. - We also have tie-up with Flipkart for providing installation services of AC, TV and other electronic items for customers in Andhra Pradesh and Telangana. - We have Tie-up with Top FMCG Companies for channel Distribution in Vizag. - The business head has over 14 years of experience working in diverse industries. - The company is currently fulfilling small orders of local hotels and customers.

- TVS, Bajaj and Royal Enfield parts distributor for 5 districts of Andra Pradesh. - Nearly 500 clients within this region. - 20 years of personal experience in 2-wheel parts distribution. - Exclusive territorial rights in 5 districts along the coastal region of Andra Pradesh. - Holds necessary licenses including GST and MSME. - Promoters bring in 30 years of experience. - Supply chain primarily focuses on B2B operations catering to retailers and showrooms. - Currently, the employee count is sufficient to manage operations due to our efficient management.

- We are an EPC contracting company. - We undertake private as well as Govt. projects. - Have in house architects and designing team. - Have tie ups with 16 builders and 20 - 30 corporate clients. - Generate leads through our marketing team. - Promoter has 10 years of industry experience.

- 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.

- 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.

- 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.

- Fabricator specializing in structural and electrical works, painting, sheeting, civil works, and piling. - Diverse range of services: structural fabrication & erection, painting & sheeting works, civil works, electrical works, and piling works. - Current order book value stands at INR 7 crores. - Holds necessary licenses, including GST and UDYAM, ensuring compliance with regulatory requirements. - Boasts a rich experience of 25 years in the industry. - Established as a reliable contractor with a track record of completing 3 successful projects. - Undertaking 7 projects this year, showcasing sustained growth and increased demand for services. - Specialized in serving manufacturing companies and industrial units, catering to the unique needs of these sectors. - We didn't begin operations this year due to a shortage of funds, but with capital, we can execute the contracts.