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Profitable Irrigation Company Seeking Loan in Chhindwara, India

Company manufacturing micro-irrigation equipment and PVC pipes seeks a loan to expand the business.
- Company in Madhya Pradesh has been manufacturing ISI certified agricultural equipment for more than 7 years. - We manufacture PVC pipes, sprinkler systems and drip irrigation pipes under our own brand name. - We sell products to the agriculture and horticulture department of Madhya Pradesh and Uttar Pradesh, also to dealers and distributors. - Our facility can produce 300 pieces of PVCs, 400 sprinklers, and 3,000 meters of drip irrigation pipes per day. We are utilizing almost 100% of the capacity. - Promoter has more than 10 years of experience in this industry. - Business owns the land, factory, machinery, equipment, inventory. - There are 6 shareholders in the business that all belong to the same family with one member having 45% shares while the others have the remaining shares in equal parts. - The business is debt-free. - Business had to reduce its production last year due to the pandemic which resulted in lower sales.
5.6   Chhindwara
Run Rate Sales
USD 700 thousand
EBITDA Margin
30 %
Business Loan
USD 600 K at 10%
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