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    Elevator Business Seeking Loan in Chennai, India

    Chennai-based elevator business with 6 employees, ISO 9001 certified with over 100+ clients seeking loans.
    Established 1-5 year(s)
    Employees 5 - 10
    Legal Entity Sole Proprietorship/Sole Trader
    Reported Sales USD 100 - 200 thousand
    Run Rate Sales USD 140 thousand
    EBITDA Margin 0 - 10 %
    Industries Elevator
    Locations  Chennai
    Local Time 4:51 PM Asia / Kolkata
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    6.5 / 10
    Compare with industry
    Seeking Loan
    USD 36 thousand for 10.0% annual interest, 5 years (Native Currency: INR 3,000,000)
    Reason: The owner needs funds for the upcoming project.
    Collateral Available: USD 0
    Includes physical assets worth USD 3.6 thousand
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Business Overview

    • Elevator manufacturer and dealer in Chennai with 6 employees.

    • Specializing in automation and material handling equipment, with a wide range of products and services including weighing indicator, loadcells, forklift, scissor lift, goods lift, hydraulic ramp, reach truck, and traction batteries.

    • Over 100+ clients and ISO 9001 certified.

    • Dealer, manufacturer, and service provider for all brands.

    • Batteries and Weighbridges.

    • Rail weighing solutions.

    • Manufacturing capacity of 3 lifts per month and 5 bridges per month.

    • Outsource raw materials.

    Products & Services Overview

    Weighing indicator, loadcells, forklift, scissor lift, goods lift, hydraulic ramp, reach truck, and traction batteries.

    Assets Overview

    Tangible assets include machinery and office furniture.

    Facilities Overview

    Rented 2,500 sq ft ground floor of rent INR 60k.

    Located Thirumadivakkam, Chennai.

    Capitalization Overview

    The business is currently funded by OD and MSME loans of INR 10 lakhs.

    It is a Sole proprietorship.

    Recent Activity
    • Earlier than 15 days
      Branch Sales Manager, Chennai, Financial Consultant connected with the Business
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    Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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