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Glass Businesses Seeking Loan in Chennai

Showing 1 - 1 of 1 Glass Businesses Seeking Loan in Chennai. Lend to a Glass, Mirror or a Glass Packaging Business. Listed by Direct Business Owners & Business Brokers.
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Newly Established Glass Business Seeking Loan in Chennai, India

Plan to start architectural glass processing factory for buildings, interiors, furniture, automotive and safety areas.
We seek to start a glass processing factory in order to produce products which will be used in buildings, interiors, furniture and other similar applications. - The business is not presently registered. It will be registered once we receive funds. - Promoter has worked with large glass processing companies for the last 10 years in India and GCC. - Presently, promoter works as a factory manager for a glass processing firm in Bahrain but would move to Chennai once the factory is set up. - We have already purchased some machinery, racks and trolleys for setting up the infrastructure. - A property of 1 acre with a 30,000 Sq Ft shed has been identified for our factory which we would take on rent. - In the process of finalizing quotations for machines from China worth INR 2 crore. - Have 3 major clients who are ready to purchase from us once we set up the factory. - Require 2 transformers for our factory and we are in discussion with the electricity board to get approval for the factory. - We plan to have the factory fully set up and operational within 4-5 months of acquisition of funds.
7.7   Chennai
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 230 K at 10%
Contact Business
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Newly Established Glass Business Seeking Loan in Chennai, India

Plan to start architectural glass processing factory for buildings, interiors, furniture, automotive and safety areas.
We seek to start a glass processing factory in order to produce products which will be used in buildings, interiors, furniture and other similar applications. - The business is not presently registered. It will be registered once we receive funds. - Promoter has worked with large glass processing companies for the last 10 years in India and GCC. - Presently, promoter works as a factory manager for a glass processing firm in Bahrain but would move to Chennai once the factory is set up. - We have already purchased some machinery, racks and trolleys for setting up the infrastructure. - A property of 1 acre with a 30,000 Sq Ft shed has been identified for our factory which we would take on rent. - In the process of finalizing quotations for machines from China worth INR 2 crore. - Have 3 major clients who are ready to purchase from us once we set up the factory. - Require 2 transformers for our factory and we are in discussion with the electricity board to get approval for the factory. - We plan to have the factory fully set up and operational within 4-5 months of acquisition of funds.
7.7   Chennai
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 230 K at 10%
Contact Business
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