Electric Equipment Wholesale Business Seeking Loan in Silchar, India

- We are traders of electrical components who offer B2B services within the Barak Valley region and are expanding as well.

- Our business is operating for the last 4 years and we are involved in the distribution, installation, and trading of electrical accessories like bulbs, wires, and switches.

- Source the accessories and components from 4 manufacturers in Mumbai Gujarat, and Delhi.

- Our clients include a wide variety of retailers, dealers, and wholesalers. We are supply to 15-20 clients as of now.

- We also work in the field of electrical installation under village electrification schemes under APDCL.

- Mostly our revenue is generated from the distribution of electrical components.

- On average, we do 4 to 6 installation projects in a month.

- Our revenue has grown since last year as we were establishing our position in the industry.

The company is involved in electrical component activities like electrical installation services, distribution, and trading of wires, switches, and bulbs.

Tangible assets - Car, bikes, and inventory.

Intangible assets - Trade license and trademark.

The office is established on the ground floor with an area of 500 sq. ft. The office space is not owned by the business but we do not pay any rent as it is owned by the promoter personally.

- Presently we have put in some of our own money.

- Some bank loans are also there, which we can disclose later.

- No shareholders, this is a sole proprietorship.