Commercial Loans Startup Seeking Loan in Auckland, New Zealand
New Zealand based Peer to Peer (P2P) debt financing platform for local SME businesses.
This transaction has concluded.
Premium Plan
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Commercial Loans + 1 more |
| Locations | Auckland |
| Local Time | 8:54 AM Pacific / Auckland |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
230 thousand
for
12.0%
annual interest,
1
year
(Native Currency: NZD 400,000)
Reason: Require funds for:
- Working capital.
- Acquisition of a small business that benefits our company....
View More
Collateral Available: USD 290 thousand
Interested to connect with advisors
Documents
Company Logo
(4.9 KB)
Information Memorandum
(3.8 MB)
Investment Opportunities
(8.0 MB)
Registration Certificate
(391.9 KB)
Business Overview
- Business is an online global platform for lenders and borrowers for short-term debt financing yielding higher interest rates to the lenders/investors.
- Successfully onboarded 100 borrowers and 4 lenders on the platform.
- We charge 5% establishment fee of the principal amount to borrowers and 25% performance fee of the interest payment made to the lenders/investors.
- Company backed by prominent financial corporations like Lenderkit, First AML, CENTRIX and Credit Sense.
- We are launching soon this year. Our goal for the first year of trading is to register 100 investors on our platform and fund loans worth NZD 20 million.
- Projected gross revenue of NZD 2 million in the first year of trading.
- Investors can choose what loan notes they want to fund.
- Company is a registered financial services provider and is regulated under the Financial Markets Authority of New Zealand.
- Successfully onboarded 100 borrowers and 4 lenders on the platform.
- We charge 5% establishment fee of the principal amount to borrowers and 25% performance fee of the interest payment made to the lenders/investors.
- Company backed by prominent financial corporations like Lenderkit, First AML, CENTRIX and Credit Sense.
- We are launching soon this year. Our goal for the first year of trading is to register 100 investors on our platform and fund loans worth NZD 20 million.
- Projected gross revenue of NZD 2 million in the first year of trading.
- Investors can choose what loan notes they want to fund.
- Company is a registered financial services provider and is regulated under the Financial Markets Authority of New Zealand.
Products & Services Overview
- We specialize in short-term financing for SMEs, funded by individual & institutional lenders/investors.- Interest rates range from 11 to 35%, depending on the borrower’s level of security and caveat-able with a 15% average return for our lenders.
Assets Overview
- Business does not have any tangible assets.- Intellectual Property (IP) - NZD 400,000K.
Facilities Overview
- Facility is a rented office space located in eastern part of Auckland paying a monthly rent of NZD 3,400.
Capitalization Overview
- The promoter owns a parent company dealing with mergers and acquisitions, which has acquired this company and now holds 100% of its shares.- Business has no debt.
Recent Activity
-
Earlier than 15 daysProprietor, Computers And Electronics Manufacturer, La Asuncion, Individual Investor / Buyer connected with the Business
Tags:
Financial Website Startup Seeking Loan in Auckland, New Zealand
·Commercial Loans Startup Seeking Loan in Auckland, New Zealand
·Lend to Financial Website Startup in Auckland, New Zealand
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·FinTech Startup Seeking Loan in Auckland, New Zealand
·Lend to FinTech Startup in Auckland, New Zealand
·Financial Website Startup Seeking Loan
·Commercial Loans Startup Seeking Loan
·Lend to Financial Website Startup
·Lend to Commercial Loans Startup
·FinTech Startup Seeking Loan
·Lend to FinTech Startup
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