Business Overview
- To manufacture gray cloth for the textile industry.
- In advanced stages of negotiations with clients.
- Projected revenue of INR 21 lakh with profit margins in the range of 10-30%
- Promoters have previous experience in the industry with one of them having over 10 years of industry experience.
- Intend to move into a 10,000 Sq Ft facility in Kolhapur.
- Have 14 acres of govt. non-agricultural land in Nagpur (Market Value = 4.5 - 5 Cr. ) which we can offer as collateral initially and in time transfer it to the physical assets of the business.
Products & Services Overview
- Gray cloth manufacturing.
Seeking Loan
USD
360 thousand
for
13.0%
annual interest,
5
years
(Native Currency: INR 30,000,000)
Reason: To invest in assets and start operations.
Collateral Available: USD 360 thousand
Interested to connect with advisors
In talks with 3 Investors