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Consumer Lending Business Seeking Loan in Visakhapatnam, India

Well established firm providing automobile finance and have served 5,000+ customers till date.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 270 thousand
Run Rate Sales USD 340 thousand
EBITDA Margin 10 %
Industries Consumer Lending
Locations  Visakhapatnam
Local Time 9:45 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 70 thousand for 15.0% annual interest, 3 years (Native Currency: INR 5,000,000)
Reason: To expand the business.
Collateral Available: USD 0
Includes physical assets worth USD 13 thousand
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Business Name
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Business Overview

- We are in the business of automobile finance.

- We have tie-ups with multiple NBFCs like Shriram Transport, Hinduja Leyland and Fortune Integrated Assets.

- We have served 5,000+ customers till date and are also associated with Hero, Ape-Piaggio, Bajaj and Suzuki showrooms around the city for two wheeler and three wheeler financing.

- We generate revenue through the interest rate difference offered by NBFCs to our customers.

- Promoter has a business experience of 18 years and also runs a construction business.

Products & Services Overview

Automobiles Financing - two, three and four wheeler vehicles.

Facilities Overview

Rented space of 1,500 Sq. Ft.

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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