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Small Tailoring Business Seeking Loan in Chennai, India

Company indulged in stitching, embroidery, and customized designing seeking a business loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.8 thousand
Run Rate Sales USD 4.3 thousand
EBITDA Margin Nil
Industries Tailoring
Locations  Chennai
Local Time 9:07 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 8 thousand for 18.0% annual interest, 3 years (Native Currency: INR 700,000)
Reason: We require funds for business expansion in terms of marketing and office setup (spacious and better ... View More
Collateral Available: USD 0
Includes physical assets worth USD 2 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
GST Certificate
Business Overview

- We are a customized stitching unit of women's wear and kidswear.

- Provide other services like embroidery and aari works.

- Currently, we have 3 clients with bulk orders and quite a few individual customers.

- We are growing at a good pace of 20-30% every year.

- We are looking forward to expanding as a boutique and need funds for the same.

- We do not have anything to offer as collateral but we will provide cheques as security.

Products & Services Overview

We offer the services of customized stitching of women wear and kids wear for the products like churidars, blouses, embroidery works, kids frock, etc.

Assets Overview

- We own a few stitching machines, furniture, and various equipment in the form of tangible assets.

- Website and social media accounts are the intangible assets owned by the company.

Facilities Overview

We have established the office at our home with an area of 400 square feet. We are looking for a bigger place in the near future to meet our growing demands.

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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