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Wires and Cables Businesses Seeking Loan in Delhi

Showing 1 - 1 of 1 Wires and Cables Businesses Seeking Loan in Delhi. Lend to a Wire and Cable Business.

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Wires and Cables Business Seeking Loan in Delhi, India

Manufacturers of electric wires and cables based in New Delhi having more than 10 clients.
- Our company was established in 2017 and we are into manufacturing of electric wires and cables. - Currently, we have more than 10 clients in New Delhi, Kerala, Gujrat, also in the cities of Maharashtra, Himachal Pradesh. - We have 8 vendors from whom we procure raw materials. - The promoter has 18 years of experience in this industry. - Our monthly manufacturing capacity for aluminium wires is 2.5 crore units and copper wires is 5 crore units. - The business is registered in the promoter's wife's name. - The company has an outstanding debt of INR 1 crore. - Our last year's annual sales were less due to Covid but we are expecting a high growth rate in the current year. - We are also planning to take part in a government tender that will increase the scope of our business.
8.0   Delhi
Run Rate Sales
USD 430 thousand
EBITDA Margin
0 - 10 %
Business Loan
USD 240 K at 8%
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