Medical Supplies Business Seeking Loan in Mysore, India
A newly established medical distributor seeking a business loan for expansion.
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 21 thousand |
| Run Rate Sales | USD 21 thousand |
| EBITDA Margin | 25 % |
| Industries | Medical Supplies |
| Locations | Mysore |
| Local Time | 9:27 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
11.5 thousand
for
15.0%
annual interest,
5
years
(Native Currency: INR 1,000,000)
Reason: To expand the business and get supplies from direct distributors in Mysuru for unique products.
Collateral Available: USD 0
Includes physical assets worth
USD
5.2 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
(126.3 KB)
Business Overview
- The business majorly deals in medical supplies and medical equipment, surgical equipment, etc to the customers.
- The business is not making very good sales as of now but the numbers will shoot up if we could increase the stock with the help of a business loan.
- The business does not have any collateral to offer.
- We purchase products from indirect suppliers and are planning to engage with wholesalers for cheaper prices and more products.
- The business is not making very good sales as of now but the numbers will shoot up if we could increase the stock with the help of a business loan.
- The business does not have any collateral to offer.
- We purchase products from indirect suppliers and are planning to engage with wholesalers for cheaper prices and more products.
Products & Services Overview
- Medical devices.- Surgical disposables.
- Ortho products.
- Adult/baby diapers.
- Various medical products.
Assets Overview
- Computers.- Printers.
- Refrigerator.
- Office setup like furniture, etc.
- A two-wheeler (scooter).
- Stock of medical equipment and supplies.
Facilities Overview
Rental office situated in an area of 250 square feet with 3 years contract.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysM&A - Partner, M&A - Private Equity, Miami, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysIndependent Advisor, Hyderabad, Financial Consultant connected with the Business
-
Earlier than 15 daysCEO, Visakhapatnam, Financial Consultant connected with the Business
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