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LNG Transportation Company Seeking Loan in Chennai, India

Door step diesel delivery supplying to 4 clients seeks a loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 300 thousand
EBITDA Margin 2 %
Industries LNG Transportation
Locations  Chennai
Local Time 1:41 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 thousand for 14.0% annual interest, 3 years (Native Currency: INR 5,000,000)
Reason: Need funds to gain market share.
Collateral Available: USD 25 thousand
Includes physical assets worth USD 26 thousand
Interested to connect with advisors
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Business Overview

- We are engaged in delivering diesel to the doorstep of our clients.

- Recently we have delivered a 30KL capacity of Diesel to a well-established client with 100% payment in advance.

- Currently supplying to 4 clients.

- We have tied up with multiple Indian Oil petrol pumps and deliver fuel using vehicles authorized for such distribution, following all legal requirements while doing so. The diesel is transported through our small tanks.

- We are building trust with various new customers and have received appreciation from our customers.

Products & Services Overview

The company engaged in the doorstep diesel delivery business.

Assets Overview

Tangible assets include 1 fuel bowser and 1 desktop.

Facilities Overview

Operating with our authorised OMC fuel bowser.

Capitalization Overview

- Business has been funded 75% by the bank and 25% is self-funded.

- The company has 2 directors with 49% and 51% shareholding.

- Have an OD of INR 5 lakhs and a total outstanding loan of INR 27 lakhs.

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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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