Commercial Loans Business Seeking Loan in Male, Maldives
Seeking a loan for a Malé-based commercial loans company with a 200% ROI track record.
Premium Plan
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 78 thousand |
| Run Rate Sales | USD 23.4 thousand |
| EBITDA Margin | 40 % |
| Industries | Commercial Loans |
| Locations | Male |
| Local Time | 2:54 AM Asia / Karachi |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
130 thousand
for
20.0%
annual interest,
6
years
(Native Currency: MVR 2,000,000)
Reason: Apart from connecting businesses to each other for their mutual growth, we also invest in small busi...
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Collateral Available: USD 130 thousand
Includes physical assets worth
USD
130 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Business Registration Certificate
(266.9 KB)
Business Overview
1. Apart from connecting businesses to each other for their mutual growth, we are a company based in Malé and operates in the commercial loans industry, focusing on lending loans to small companies to boost their business with a repayment structure of three times the amount borrowed.
2. Company has a successful track record of achieving a 200% return on investments over the past two years.
3. The lending periods typically range from 3 to 5 years, with occasional shorter-term loans of 1 to 6 months and the return exceeds 50%.
4. The company has provided MVR 1 million in loans to various businesses, including a wholesale market business, an e-commerce electronic business, and a carpentry business, with interest received quarterly ranging from MVR 60k to MVR 105k.
5. The company is seeking additional capital of MVR 1 - 2 million, with a proposed repayment of 100% profit, totalling MVR 2 - 4 million, over a negotiable 6 to the 10-year period, presenting a safe and lucrative opportunity for potential investors.
6. The investment proposal offers a potential for mutual benefits and aligns with the company's successful track record of achieving substantial returns on investments.
7. The revenue spiked significantly last year due to the high interest paid by an export-import company we funded last year.
8. Company is incorporated and does not need any other licences or approvals to operate.
2. Company has a successful track record of achieving a 200% return on investments over the past two years.
3. The lending periods typically range from 3 to 5 years, with occasional shorter-term loans of 1 to 6 months and the return exceeds 50%.
4. The company has provided MVR 1 million in loans to various businesses, including a wholesale market business, an e-commerce electronic business, and a carpentry business, with interest received quarterly ranging from MVR 60k to MVR 105k.
5. The company is seeking additional capital of MVR 1 - 2 million, with a proposed repayment of 100% profit, totalling MVR 2 - 4 million, over a negotiable 6 to the 10-year period, presenting a safe and lucrative opportunity for potential investors.
6. The investment proposal offers a potential for mutual benefits and aligns with the company's successful track record of achieving substantial returns on investments.
7. The revenue spiked significantly last year due to the high interest paid by an export-import company we funded last year.
8. Company is incorporated and does not need any other licences or approvals to operate.
Products & Services Overview
We offer loans to businesses with a repayment structure of three times the amount borrowed.Currently, we have given MVR 1 million loan to 3 companies:
- A wholesale market business- loan given - MVR MVR 300k, interest received quarterly MVR 90k.
- E-commerce electronic business- loan given - MVR 500k, interest received quarterly MVR 60k.
- Carpentry business- loan given - MVR 500k, interest received quarterly MVR 105k.
Assets Overview
Tangible assets:- A 3-room apartment in Hulhumale worth MVR 2 million.
The apartment is where the promoter resides and cannot be liquidated but can be provided as collateral if needed.
Facilities Overview
We are working in our home office.
Capitalization Overview
We have raised MVR 1 million from our savings and the business has no loans or debts, the company is a sole proprietorship.
Recent Activity
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Earlier than 15 daysFounder & CEO, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysDirector, Food Wholesale, Malé, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMD, Construction, Malé, Individual Investor / Buyer connected with the Business
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