Application Software Startup Seeking Loan in Jakarta, Indonesia
Company providing cloud-based accounting software for SMEs with 30 clients' seeks funds.
Premium Plan
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 38.5 thousand |
| EBITDA Margin | 30 % |
| Industries | Application Software |
| Locations | Jakarta |
| Local Time | 10:55 AM Asia / Jakarta |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
160 thousand
for
9.0%
annual interest,
2
years
(Native Currency: IDR 2,500,000,000)
Reason: Funds will be used to purchase more assets for our head office.
Collateral Available: USD 192 thousand
Includes physical assets worth
USD
16 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
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User Verification
Documents
Cover for the classic MSE problem title
(46.6 KB)
Establishment Certificate
(40.2 KB)
Business Overview
Indonesia is a large country with significant MSE progress.
This cloud-based accounting software was built by an accountant 5 years back to facilitate clients who are spread across geographically distant locations. This year, the founder of cloud-based accounting software has decided to commercialize cloud-based accounting software with a potential market size of around 40 million SMEs in Indonesia and more than 50 million SMEs in Asia.
Since this cloud-based accounting software was legalized by the founders this year, there have been 30 companies using this cloud-based accounting software. It is estimated that it will continue to grow considering that regulations in Indonesia direct MSEs to have financial reports to be able to go to the next level.
By developing and marketing this cloud-based accounting software on a large scale, it is estimated that if 1% of the 40 million market is the target, the potential income can exceed 80 billion income per month.
We generate revenue by charging fees from clients using our software. Clients pay us monthly or yearly fees.
This cloud-based accounting software was built by an accountant 5 years back to facilitate clients who are spread across geographically distant locations. This year, the founder of cloud-based accounting software has decided to commercialize cloud-based accounting software with a potential market size of around 40 million SMEs in Indonesia and more than 50 million SMEs in Asia.
Since this cloud-based accounting software was legalized by the founders this year, there have been 30 companies using this cloud-based accounting software. It is estimated that it will continue to grow considering that regulations in Indonesia direct MSEs to have financial reports to be able to go to the next level.
By developing and marketing this cloud-based accounting software on a large scale, it is estimated that if 1% of the 40 million market is the target, the potential income can exceed 80 billion income per month.
We generate revenue by charging fees from clients using our software. Clients pay us monthly or yearly fees.
Products & Services Overview
We provide accounting software based on the cloud, great facilities for multi-user, multi-warehouse, multi-department, restricted roles for users, controllable users, profit and loss reports for each department or branch, and financial reporting complete report based on standard.
Assets Overview
Intangible assets;1. Intellectual property for cloud-based accounting software products has been registered with the Ministry of Justice and Human Rights in Indonesia.
2. Cloud-based accounting software platform.
3. Original source code and design.
4. Accountants as founders.
5. Supporting programmers who have been loyal for more than 12 years.
Tangible Assets:
1. Laptops and computers.
2. Other office supplies.
Facilities Overview
Currently the head office is still affiliated with the accounting firm as the founder located in Yogyakarta. One of the valuable support facilities is that we are supported by a registered accountant from the Ministry of Finance of the Republic of Indonesia.
Capitalization Overview
Funding for this cloud-based accounting software product is funded by the founders independently. There is no debt to this company. The number of shareholders is only 1 person, namely the founder.It is legal for companies to use SMEs company permits because the company's capital is below 5 billion, according to regulations in Indonesia, if a company's capital is below 5 billion it will enter an individual company and fall into the SMEs category.
Recent Activity
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Earlier than 15 daysPresident, Insurance, Tampa, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Digital Company, South Jakarta, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Telecommunications, Jakarta, Corporate Investor / Buyer connected with the Business
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1 Investor contacted this Business this month.
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