Import / Export Businesses Seeking Loan in Gujarat

- We are a medium-scale business dealing in import and export. - Our company has an experience of 5+ years in this industry. - We source the material from China and Europe. We have tie-ups with 2 such vendors. - The business has 50+ clients that include MNCs and government organizations. - Our products are also exported to Europe, the Middle East, and Africa. - 90% of our revenue comes from the import and export and 10% from the repair & refurbishment services that we provide. - Out of the total sales, 90% are domestic and 10% are exports. - Our run rate sales dropped slightly due to the pandemic and change in the tax laws. - We also have our own manufacturing set up and are planning to manufacture our own products. - The business has one owner with a 100% stake in the company. - Business has an outstanding loan of INR 45 lakh.

- Manufacture and export car seat covers in 3 varieties i. e. leather, fabric and velvet. The leather and velvet car seat covers are for the premium market. - Our factory has a daily production capacity of 200 - 400 units. - The business has an export license. It is exclusively focused on exports and are does not sell the products in the domestic market. - We have tied up with over 2 suppliers of leather, 2 suppliers of fabric and 1 supplier of velvet. - In the previous month, we completed an order of USD 21,000 (INR 15 lakh approximately). The gross margin on that order was 25%. For that order, we exported 1 container of fabric car seat cover weighing around 5,706 kg. The order was from a Gulf country. We received over 75% of the payment already. - We are currently negotiating with a US client on the pricing of an order and we are also in discussion with 3 other potential clients. - Business has hired 32 employees on a contract basis. - Promoter of the business has prior experience in manufacturing and selling car seat covers in the domestic market.