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Commercial Loans Company Seeking Loan in Seoul, South Korea

Company lends money to self-employed individuals and to companies in form of merchant cash advance.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity S Corporation
Reported Sales USD 64 thousand
Run Rate Sales USD 64 thousand
EBITDA Margin 20 %
Industries Consumer Lending + 1 more
Locations  Seoul
Local Time 10:46 PM Asia / Seoul
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 7.4 million for 15.0% annual interest, 10 years (Native Currency: KRW 10,000,000,000)
Reason: Funds are everything is our business. We will use funds to provide loan and grow our business bigger... View More
Collateral Available: USD 2.5 million
Includes physical assets worth USD 74
Interested to connect with advisors
Documents
Business Overview

- We are a loan providing company based in Seoul, South Korea.

- We lend money to self-employed individuals and to companies in South Korea.

- Have currently given loan to 49 customers.

- We charge an annual interest of 24%

- Duration of loan is from 90 to 180 days.

- Total loan we have given out is KRW 360 million.

- Received Global Marketing Award of Korea by Forbes Korea, new intellectual grand prize selected by Korean New Intellectual Association, Knowledge Management grand prize selected by Korea Herald, Korea Talent sharing grand prize selected by Korea Talent Donation Association.

Products & Services Overview

1. Merchant cash advance. 2. Business loan for listed companies. 3. Operation of casino junket rooms.

Facilities Overview

We have 160 m² office on rent.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    CEO, Milan, Financial Consultant connected with the Business
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
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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