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    Textile Businesses Seeking Loan in Karnataka

    Showing 1 - 2 of 2 Textile Businesses Seeking Loan in Karnataka. Lend to a Textile, Cotton Farm, Fabric Dyeing, Fur Goods, Leather Goods, Natural Fabric, Organic Fabric, Synthetic Fabric, Textile Wholesale or a Yarn Goods Business.

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    • Karnataka

    • Business Loan

     

    Textiles Wholesale Company Seeking Loan in Bailhongal, India

    Producers of cotton bales seek funds to start an agro-commodity processing unit in Bailhongal.
    - Processors and wholesalers of cotton bales. - The company processes about 100 tons of cotton lint every month. - Asset-light model, we are renting the entire production facility (including the processing equipment) - We hire 10 workers for the processing. - We started earning revenue in December of last year and did revenue of INR 1.1 crore in just three months. - Revenue is seasonal and we are projected to close this year at around INR 3 crore. - The founders of the company belong to a family of agro-commodity traders, they process cotton as now with this company. But, we are looking to enter food processing (chana). The cotton business is seasonal and the chana business will offer some stability.
    5.9   Bailhongal
    Run Rate Sales
    USD 360 thousand
    EBITDA Margin
    4 %
    Business Loan
    USD 360 K at 16%
    Contact Business

    Textiles Wholesale Company Seeking Loan in Belagavi, India

    Belgaum-based manufacturer of women's apparel seeks funding to expand to Gujarat, Maharashtra, and Goa.
    - Manufacturer and wholesaler of women's apparel. - We supply products to retailers within a 250 km radius of our unit Belgaum. - Have no distributors and have direct arrangements with retailers. - We have covered a lot of Karnataka and want to expand to Goa and Maharashtra now. - Plan to reach a wider market through an upcoming web portal. - The company has two owners who hold a 70% and 30% stake respectively. - No bank loans taken by the company. - This new private limited entity has been started by a family with previous experience of running a textile proprietorship for 20 years. - The funds raised will be solely used by the new private limited entity. - No men are working as labor in the unit, and we strive to be an organization that empowers women.
    6   Belagavi
    Run Rate Sales
    USD 140 thousand
    EBITDA Margin
    10 - 20 %
    Business Loan
    USD 60 K at 12%
    Contact Business

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    • How many textile businesses seeking loan in Karnataka are listed on SMERGERS?
      There are 2 active and verified textile businesses seeking loan in Karnataka listed on SMERGERS as of 19 April 2024.
    • What level of due diligence does SMERGERS conduct on the businesses/member?

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