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Newly Established Testing, Inspection & Certification Business Seeking Loan in Hubballi, India

Firm plans to provide nondestructive testing (NDT) service for iron foundries, refineries and construction companies.
Startup firm registered in Bangalore seeks funding to setup its workshop and facility in Hubbali since it's a huge market where we would be able to target customers from iron foundry, refinery and construction industry. Our business plans to provide nondestructive testing (NDT) service using radiography, ultrasound, magnetic and visual methodology. Founder has more than 16 years of experience in NDT industry. The business currently do not own any physical assets. Funding would be used for buying machinery, raw material and taking a workshop on lease.
6.2   Bangalore
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Business Loan
USD 40 thousand at 13% interest
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