↩ Go Back
Need help?

Textile Business Seeking Loan in Ambernath, India

Leading thread manufacturer with 700+ colors, prioritizing quality and eco-friendliness seeks a business loan.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 360 thousand
Run Rate Sales USD 360 thousand
EBITDA Margin 5 %
Industries Textile
Locations  Ambernath
Local Time 12:52 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 120 thousand for 12.0% annual interest, 3 years (Native Currency: INR 10,000,000)
Reason: Need funds for business expansion, and the funds will be used to increase the annual production capa... View More
Collateral Available: USD 0
Includes physical assets worth USD 54 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- As a thread manufacturer, we conduct in-house production, handling the entire process from raw polyester yarn to creating a diverse range of stitching threads in 700+ colors for various applications like apparel, denim, bags, quilts, and seat covers.

- We distinguish ourselves with premium quality, chemical-free, and environmentally friendly threads.

- Emphasizing customer satisfaction, we offer seamless custom labeling to facilitate business expansion.

- Installed annual production capacity of about 300 thousand spools.

- Our customers are garment manufacturing companies.

- Our expertise spans serving both small-scale and large garment production, positioning us as leaders in the sewing thread industry.

- Currently, we are known for our quality and service. Clients rate us 4/5 and we build strong business relationships.

Products & Services Overview

Every garment manufacturer uses threads of the type that we produce. We sell over 700 colors and no one type is top selling.

The threads are used for producing apparel, denim, garments, bags, quilts, seat covers, and more.

Assets Overview

Tangible assets include:

- 84 spindles of winding machine,

- 5 dye machines, 2 packing machines, and 1 lab machine.

Intangible assets include the registered brand name.

Facilities Overview

Proprietor-owned unit of 5,000 sq ft spread on Ground +1 in Ambernath, Maharashtra.

Capitalization Overview

- There's no business loan in the name of the business.

- One person LAP (loan against property) of INR of 60 lakh is running with 3 years tenure left.

Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

1 Investor contacted this Business this month.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more