Coaching Center Seeking Loan in Vellore, India
Upcoming multispecialty-hospital and training institute in Vellore seeks a business loan to cover operational expenses.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 18 thousand |
| Run Rate Sales | USD 18.8 thousand |
| EBITDA Margin | 15 % |
| Industries | Hospitals + 1 more |
| Locations | Vellore |
| Local Time | 9:58 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
168 thousand
for
12.0%
annual interest,
15
years
(Native Currency: INR 15,000,000)
Reason: The owner is seeking a loan for business operational expenses.
The upcoming hospital and training i...
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Collateral Available: USD 0
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Business Name
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User Verification
Documents
Udyam Registration
(1.2 MB)
Business Overview
- The company operates a small elementary school with 20 students and a small cafeteria outside the school.
- It generates approximately INR 1.4 lakhs per month.
- The business is seeking a loan to establish a new multispecialty hospital and a paramedic training institute.
- Once operational, it expects to enrol about 10-15 students in the first phase, with fees of INR 1.2 lakhs per student.
- It is expected to commence operations from June next year.
- The business holds a valid UDYAM certificate.
- It generates approximately INR 1.4 lakhs per month.
- The business is seeking a loan to establish a new multispecialty hospital and a paramedic training institute.
- Once operational, it expects to enrol about 10-15 students in the first phase, with fees of INR 1.2 lakhs per student.
- It is expected to commence operations from June next year.
- The business holds a valid UDYAM certificate.
Products & Services Overview
- We are currently operating an elementary school.- The business plans to start a multispecialty hospital.
- It also aims to launch a course for paramedic training for students between the ages of 17-25.
Assets Overview
The business does not own any physical assets.
Facilities Overview
The business operates from a self-owned (Not under the name of the business) 3 storey building in Vellore.
Capitalization Overview
The business is currently by 2 owners.The owners belong to the same family.
There is an ongoing loan of INR 30 lakhs, which will be closed in the next 1-2 years.
Recent Activity
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Earlier than 15 daysPartner, Chennai, Accounting Firm connected with the Business
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Earlier than 15 daysProprietor, Catering Services, Chennai, Individual Investor / Buyer connected with the Business
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