↩ Go Back
Need help?

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 7.4 thousand
Run Rate Sales USD 7.4 thousand
EBITDA Margin 40 %
Industries Application Software
Locations  Port Harcourt
Local Time 12:24 AM Africa / Lagos
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 610 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 1.23 thousand
Includes physical assets worth USD 1.23 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
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.
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
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
1 Investor contacted this Business this month. Register below to connect now!
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

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more