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Get a Loan for development - loan for business

India, Karnataka
Market: Internet and IT, Mechanical engineering, Production
Stage of the project: Operating business

Date of last change: 12/07/2017
Min amount of loan
$  10.000
Estimated yield
18 % a year
0
Total required
$ 100.000
Rating
equalizer 226 from 1000
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Also this project:
- is looking for investment
- sells business

Idea

We are looking for loan for asset Purchase and working capital .
We have 2 Project in Hand vaule worth of 75000 USD. We need to upgrade the setup to executue the Project

Current Status

Operational with 30 Engineers on board
Class Infrastructure
Break Even
Have work order from Indian , European and USA Customer.

Market

Thysseenkrupp
Comau
Kuka
Tata motors
Volkswagen
General Motors

Problem or Opportunity

Have work order of 75000 USD work order from customer.

Competitors

QUEST GLOBAL
CYIENT
WIPRO
ALLYGROW
TATA TECHNOLOGIES

Advantages or differentiators

Immediate Availability Of Experienced Project Team Members
Immediate Availability Of with OEM Experience
Improved Program & Quality Management
Quick Turn-Around Time In Implementing New Process /Technologies
Zero Training Cost For Additional Resources (Short Term Requirements) Flexible Engagement Models: No Minimum Commitment, No Cancellation Fees
2 Shift Execution Model To Compress Delivery Time

Finance

Sales:- Next 5 years :- 5 M USD.
Projection for next year : 2 M USD.
Pricing : 30% less then European and USA local costing.

Loan terms

36 months

Interest rate, %

18

Business model

Onsite & Offshore
Offshore Support
Dedicated team for customer
Onsite staffing at customer location

Solution (product or service)

Allen Global is one of the leading Engineering and Technology Solution Provider serving global corporations in product innovations, design and development and technology enhancement programs. With impressive clientele in Automotive, Aerospace, Industrial, Oil & Gas domains, design to manufacturing capabilities and contemporary CAD/CAE expertise, Allen Global is poised for impressive growth. We are whole heartedly inclined and strive to make our customer successful.
Allen Global helps global organizations address their engineering needs and challenges through a wide range of engineering design solutions and services that include Product design, Engineering analysis, Manufacturing engineering solutions, and Engineering change management. We cater to a wide spectrum of industries, including Automotive, Off-Highway, Aerospace, Industrial Equipment, Energy & many more.

Risks

Cost competatitive

Incubation/Acceleration programs accomplishment

NO

Won the competition and other awards

Not Applicable
Comments:

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Idea
Current Status
Market
Problem or Opportunity
Competitors
Advantages or differentiators
Finance
Financed earlier, $
Loan terms
Interest rate, %
Type of pledge
Pledge and assets
Business model
Solution (product or service)
Lead creditor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video