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Cloud Software Company Seeking Loan in Dubai, United Arab Emirates

Company that developed a super-platform to digitalize the entire entrepreneurship journey seeks a financial partner.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity C Corporation
Reported Sales USD 2 - 3 million
Run Rate Sales USD 3 million
EBITDA Margin 30 - 40 %
Industries Cloud Software + 1 more
Locations  Dubai
Local Time 9:04 AM Asia / Riyadh
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.5 million for 8.5% annual interest, 3 years (Native Currency: USD 1,500,000)
Reason: Need funds for working capital & buying physical assets.
Collateral Available: USD 0
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Business Overview

- Currently catering to 18,000 B2C clients and 13-16 B2B.

- Sales have increased due to an increase in the contract.

- Well-sell SaaS software. One subscription costs USD 25,000 annually for the B2B segment and USD 5 per month per user. Hence, we are able to generate the given revenue.

- Cofounding team has over 5 startup exits.

- The executive team has 50 years of experience in developing b2b software solutions.

Products & Services Overview

Innovation management software, freelance marketplace, and virtual workspace.

Assets Overview

We do not have any major physical assets. But we have about USD 1m in Digital IP and digital assets.

Facilities Overview

The company has 2 offices, one in Dubai and one in Riyadh. The promoter is working from the Riyadh office. There's another office coming up in Jeddah.

All the employees are full-time and working 100% remotely from 6 different companies.

Capitalization Overview

- Business is funded by investors and revenue generated.

- The company has 5 directors with one director holding major shareholding.

- The firm has SAR 1 million loan.

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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