Photo - Get a Loan for development
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Get a Loan for development

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

Date of last change: 12/07/2017
Min investment
$  10.000
0
Total required
$ 100.000
Rating
equalizer 245 из 1000
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Also this project:
- is seeking a loan
- 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.

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.

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.

Business model

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

Money will be spent on

Buying Higher Workstation -15 Number @ 70K Per Machine
Upgrading the Servers
Buying Necessary Licenseworking Capital
Trade shows.

Offer for investor

1. if we get Loan then we can offer 18 to 20% rate of Interest PA
2. if we get investment more then 100000 USD then we can offer 30% stake in the company.

Team or Management

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
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video