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Seafood Processing Businesses Seeking Loan in Veraval

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Seafood Processing Business Seeking Loan in Veraval, India

Seafood exporter with a yearly production of 2,500 MT and export operations to 5 countries.
- Export of frozen seafood to China, Vietnam, Malaysia, Thailand, and Bangladesh. - Have exported over 300 containers so far. - Export around 2,500MT of seafood each year. - We export roughly 7-8 MT of fish each day. - The produce is bought locally and we get orders from 15-20 agents. - Have rented a factory for fish processing that has a capacity to sort and package 22 MT of fish every day. - Have also trade financed the export operations of other exporters for a commission. - Have completed around INR 40 lakh of trade financing deals so far. - Revenue from trade financing is not significant at this point. - Physical assets include inventory.
8.3   Veraval
Run Rate Sales
USD 3 million
EBITDA Margin
10 - 20 %
Business Loan
USD 1.2 Mn at 18%
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