5.7 / 10
 Chennai

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

Key Business Facts
Yearly Sales USD 300 thousand
EBIDTA Margin 2 %
Industries LNG Transportation
Locations  Chennai
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.
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.
Assets Overview
Tangible assets include 1 fuel bowser and 1 desktop.
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
In talks with 3 Investors
Contact Business