5.9 / 10
 Visakhapatnam

Manufacturers of aluminium utensils supplying to 45 clients seeks a loan.

Key Business Facts
Yearly Sales USD 65 thousand
EBIDTA Margin 40 %
Industries Kitchen Utensils
Locations  Visakhapatnam
Business Overview
- Manufacturing capacity is 20 tonnes monthly.
- Raw materials are procured from scrap dealers. We melt them and convert them into new utensils.
- Currently supply to 45 clients who are wholesalers are retailers.
- Promoter has 9 years of experience in this industry.
- Have GST and Udyam Registration.
Products & Services Overview
Manufacturers of Aluminium kitchenware utensils, kadai, buckets, etc.
Capitalization Overview
- Funded by personal money at present. - No loan.
Assets Overview
Tangible- stock worth INR 10 lakhs, machinery, tools, and equipment.
Seeking Loan
USD 120 thousand for 10.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: Need funds to purchase own factory.
Collateral Available: USD 60 thousand
Includes physical assets worth USD 60 thousand
In talks with 1 Investor
Contact Business