Yarn Goods Businesses Seeking Loan

- Polyester-based knit and woven fabrics manufacturer. - Supplying to garment factories. - Serving close to 10 clients. - Promoters bring over 4+ years of industry experience. - Maximum manufacturing capacity of 60 tons/day. - Currently producing 15 tons/day. - Sourcing raw materials from 5 local suppliers. - Holds regulatory licenses such as the business license and environmental certificate. - Revenue split: 40% from polyester, 60% from woven fabrics.

- We are a custom worsted top maker for high-value fibre creations using repurposed commercial textile machines. Our custom yarns and thread are alive with possibilities. - From 2012 to 2017 we perfected our craft in worsted top making and developed unique blends of domestic fibres like yak, angora, etc. in combination with our domestic 18.2-micron Rambouillet wool top. - Between 2017 and 2018 we acquired from KentWool a commercial servo drafter that was innovated to become a duo blending machine so we could blend protein fibres, cellulose fibres and man-made fibres. - The blend we created of Seacell fibre (seaweed), Pearl fibre (sea shells) and faux cashmere nylon was showcased at the Rhinebeck Sheep and Wool festival in 2019 and it is a hyper allergenic fibre blend. - At our first entry at the Maryland Sheep and Wool Festival, we introduced our blend of 14.5-micron merino and brown yak and a fibre artist spun that blend into yarn and won that year's competition for a handspun yarn. - Textile manufacturing especially worsted top making and blending required us to spend our first 5 years learning and modifying our commercial textile machines and we had previously spent 5 years before 2012 researching and engaging a textile engineer for our mill. First, we had to research, then engage a textile engineer, then receive and set up our machines, then learn by doing with 6 months of instruction from our textile engineer, and then begin the proving of our process. We created yarn from our herd of Alpacas called Chiri Cloud 80's that we made into a worsted top, 3/18 weaving yarn and handwoven scarves and shawls and we made and make domestic 18.2-micron Rambouillet wool top, yarn and handwoven scarves and shawls. - As we learned about how machines worked we discovered we could preserve the elasticity and memory of the fibres so that all our worsted tops are easy to hand spin and create smooth, even and cool yarns. - Next came creating blends of fibres that play well together. This is based on our scientific research as well as the simple rules of attraction. - In 2019 at the Rhinebeck Sheep & Wool Festival we were ready to expand into our custom processing of worsted tops to yarns and creating our own yarn lines but then Covid lockdowns hit. In order for customers (we had over 60 orders throughout the US) to see feel and work with us, we were denied the ability to have that interaction just as we had finished our proving. - Our Rambouillet top is used in a lot of our blends and it adds loft, elasticity and a cool smooth hand at a blend rate of 10% to 20% it can generate over $300k in revenue but we have other blends that others cannot make that were all sellouts. - As a micro commercial textile top making and blending mill, we are a part of a local and regional US-based textile manufacturing infrastructure. We know where the vintage commercial textile machines are and our first project, after getting reset in Florida, is a micro commercial spinning mill. - Textile processing is both a mechanical form of production and art. - We need assistance to move our mill and create a textile manufacturing infrastructure that is local, has low energy debt and can spark increased income for fibre artists and the fibre community. - The three tenets of civilization - Ag Land - Timberland - Manufacturing in the USA.

- The business started its operations in mid Aug 2017. - The production capacity is 3 tons per day. - All the products are sold in Solapur and Kolhapur market. - Founder has 9 years of industry experience.