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Trucking Business Seeking Loan in Jharsuguda, India

Company supplying trucks to construction industry clients seek a loan.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 60 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 25 %
Industries Trucking
Locations  Jharsuguda
Local Time 4:18 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 30 thousand for 10.0% annual interest, 5 years (Native Currency: INR 2,500,000)
Reason: Need funds to improve the cash flow.
Collateral Available: USD 6 thousand
Includes physical assets worth USD 120 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
CA Certificate
Business Overview

- Have catered to 10 clients to date and are currently catering to 5 clients from the construction industry.

- We also rent the trucks from other owners and supply them to our clients.

- Charge an average of INR 520 per ton to transport the coal.

Products & Services Overview

- Company provides hemm spares and trucks to clients.

- Our clients are mostly from the coal industry.

Assets Overview

Tangible assets include 3 trucks and office furniture.

Facilities Overview

Own office is located in the west of the city on a 100 sqft area.

Capitalization Overview

- Sole proprietorship business.

- Have a business loan of INR 2.8 lakhs.

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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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