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Accounting Firm Seeking Loan in Mumbai, India

Finance and accounting outsourcing business with 10 clients.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 33.5 thousand
Run Rate Sales USD 50 thousand
EBITDA Margin 40 %
Industries Accounting Firms
Locations  Mumbai
Local Time 6:34 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 thousand for 10.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: The funds will be used for sales, marketing, and manpower hiring purpose.
Collateral Available: USD 48 thousand
Includes physical assets worth USD 3 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Finance and accounting outsourcing business in Mumbai.
- We have 10 clients based in UK and Ireland all are accounting firms.
- Team is of 5 people and all have experience in finance and accounting.
- The promoter has 15+ years of experience in finance & accounting and business development.
-Expecting to reach 5 lakhs billing per month by second quarter.
- The business is debt-free and has a sole owner.
Products & Services Overview
Finance and accounting services, bookkeeping, management accounts, tax, and payroll.
Assets Overview
IT equipment - 6 computers, 1 laptop, and office furniture.
Facilities Overview
Rented office in Mumbai of 600 Sq Ft for INR 15,000.
Capitalization Overview
Not Disclosed
Recent Activity
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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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