Ambulance Business Seeking Loan in Mumbai, India
Ambulance provider with a 13 vehicle fleet suffering from cashflow bottlenecks needs funding for promotions.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 55 thousand |
| Run Rate Sales | USD 60 thousand |
| EBITDA Margin | 10 % |
| Industries | Ambulance |
| Locations | Mumbai |
| Local Time | 8:39 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
16.6 thousand
for
5.0%
annual interest,
4
years
(Native Currency: INR 1,500,000)
Reason: - Business is in the midst of repaying loans, corporate clients delay payments.
- Although we have ...
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Collateral Available: USD 0
Includes physical assets worth
USD
166 thousand
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Business Name
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User Verification
Business Overview
- Ambulance service company based in Mumbai.
- Emergency services are provided all across Mumbai and offer outstation services as well.
- We employ doctors that help in critical care and rescue situations.
- Tie-ups with corporates like JP Morgan and hospitals like Karuna Hospital.
- Use our website and referrals to attract clients.
- We charge the patients and give a certain commission to the hospitals who refer us.
- Corporate clients have a credit payment option.
- Business had taken a bank loan for the vehicles, the remaining loan amount is INR 60 lakh.
- Single owner of the business.
- The business has a healthy turnover but suffering from a liquidity crunch due to loan repayments and delays in payments by corporate clients.
- Emergency services are provided all across Mumbai and offer outstation services as well.
- We employ doctors that help in critical care and rescue situations.
- Tie-ups with corporates like JP Morgan and hospitals like Karuna Hospital.
- Use our website and referrals to attract clients.
- We charge the patients and give a certain commission to the hospitals who refer us.
- Corporate clients have a credit payment option.
- Business had taken a bank loan for the vehicles, the remaining loan amount is INR 60 lakh.
- Single owner of the business.
- The business has a healthy turnover but suffering from a liquidity crunch due to loan repayments and delays in payments by corporate clients.
Products & Services Overview
24*7 ambulance services throughout Mumbai, outstation services, rescue for accidents, ambulances for movie and television shoots.
Assets Overview
The business owns 13 ambulances. The fleet includes Tata Winger, Force Traveller, and Maruti Eeco.All of them have a combined value of INR 1.5 crore.
Facilities Overview
We operate from a rented office, the ambulances are parked here as well.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysManaging Director, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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