Application Software Business Seeking Loan in Port Harcourt, Nigeria
Company developing web applications and cloud based software for schools, and other organisations.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 8.3 thousand |
| Run Rate Sales | USD 8.3 thousand |
| EBITDA Margin | 40 % |
| Industries | Application Software |
| Locations | Port Harcourt |
| Local Time | 10:38 AM Africa / Lagos |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
690
for
40.0%
annual interest,
1
year
(Native Currency: NGN 1,000,000)
Reason: Need funds for working capital and business expansion. We already have an ongoing loan so want to ta...
View More
Collateral Available: USD 1.38 thousand
Includes physical assets worth
USD
1.38 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Certificate of Registration
(209.9 KB)
6 Months Bank Statement
(325.9 KB)
Business Overview
- We provide school management software.
- Have 100 schools using our software. All these schools are privately owned.
- Clients are mostly in Port Harcourt, Abia, Abuja and other places.
- The software helps with result comparison, organizing computer-based exams, and online teaching.
- We provide the software on a subscription model.
- The subscription is only valid for 4 months.
- We also help schools to outsource their computer labs.
- The software has been developed by our company.
- We provide installation services and training to the school.
- Promoter has 12 years of experience in the software industry.
- Business has all the required incorporation documents.
- Have 100 schools using our software. All these schools are privately owned.
- Clients are mostly in Port Harcourt, Abia, Abuja and other places.
- The software helps with result comparison, organizing computer-based exams, and online teaching.
- We provide the software on a subscription model.
- The subscription is only valid for 4 months.
- We also help schools to outsource their computer labs.
- The software has been developed by our company.
- We provide installation services and training to the school.
- Promoter has 12 years of experience in the software industry.
- Business has all the required incorporation documents.
Products & Services Overview
1. School management software used by private schools.2. E-learning platform used to conduct tutorials and computer based examination.
3. Online results platform.
Assets Overview
The physical assets of the business include 2 cars, laptops, and electronic accessories.
Facilities Overview
We do not have an office. We set up a small area for ourselves in the school where we provide the software.
Capitalization Overview
- The business is a sole proprietorship.- The funds have been raised from investors and there is an ongoing loan of NGN 3 million.
Recent Activity
-
Earlier than 15 daysCEO, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector Of Operations, Professional Home-Care Services, London, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Technology, Itu, Individual Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
16 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 63,000+ other businesses of all sizes.
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.
You might also be interested in these businesses