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Scrap Metal Company Seeking Loan in Kanyakumari, India

Scrap collection company collecting scrap online and catering to 2,000 customers seeks loans.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 0 - 10 %
Industries Scrap Metal
Locations  Kanyakumari
Local Time 3:10 AM Indian / Christmas
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 36 thousand for 9.0% annual interest, 10 years (Native Currency: INR 3,000,000)
Reason: Need funds for marketing and for setting up a new showroom.
Collateral Available: USD 0
Includes physical assets worth USD 30 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview

- Online antique collection service in Kanyakumari district.

- We are advertising on social media and have received 2,000 customers in one year.

- Scrap of metal, electronic, and battery waste.

- We receive scrap through an online platform.

- The company has 3 directors with 80%, 10%, and 10% shareholding.

- Firm has no debts or liabilities.

Products & Services Overview

The scarp of metal, electronics and battery and waste management company.

Assets Overview

Area of 4 cents, vehicle, machinery, and equipment.

Facilities Overview

- Rental godown of area 30 cents with a monthly rent of INR 30,000.

- Own office area of 4 cents.

Capitalization Overview
Not Disclosed
Recent Activity
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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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