Consumer Lending Company for Sale in Kolkata, India
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 1 million |
Run Rate Sales | USD 1 million |
EBITDA Margin | 30 % |
Industries | Consumer Lending |
Locations | Kolkata |
Local Time | 3:01 AM Asia / Kolkata |
Listed By | Advisor / Business Broker |
Status | Active |
- Our clients is a banking business correspondent having tie-ups with 2 leading commercial banks to provide financial inclusion services in rural areas.
- Currently providing services in 3 states which are Bihar, Odisha and Jharkhand and covers 35 districts.
- Have 700 customers service points through which all the banking services are offered to customers.
- Serving 1.3 million customers with a year on year growth rate of 27.5%
- Promoter has experience of 4 decades and has solid business relationship with top banks in India.
- Company has INR 2 crore of cash reserves.
Provide banking services such as account creation, banking transaction, applying for loans and others.
Have offices in all the 3 states with head office in Kolkata. Total space spans 3,000 Sq Ft and is on lease.
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Earlier than 15 daysCEO, Financial Services - Banking, Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysPartner- Deals & Valuation, New Delhi, Financial Consultant connected with the Business
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Earlier than 15 daysDeputy CEO, Telecom Services, London, Corporate Investor / Buyer connected with the Business