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Consumer Lending Company Investment Opportunity in Thrissur, India

Nidhi company in Thrissur providing secured loans, seeking funds to set up new branches.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Public Limited Company
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 0 - 10 %
Industries Consumer Lending
Locations  Thrissur
Local Time 11:46 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 120 thousand for 50.0% stake (Native Currency: INR 10,000,000)
Reason: Seeking funds to set up 3 new branches in Thrissur district.
Includes physical assets worth USD 6 thousand
Interested to connect with advisors
Documents
Business Overview

- Business is a Nidhi company that provides only secured loans to individuals in Thrissur.

- We provide gold loans, property loans, and insurance policy loans worth up to INR 2 lakh.

- Have provided loans to 300+ individuals to the tune of INR 2 crore since the beginning.

- Provide loans worth INR 10 lakh on a monthly basis.

- Our loans are offered for short-term and have a maximum repayment term of up to 6 months and we charge an annual interest of 20%.

- Promoter has over 25 years of industry experience.

- Business owned assets include office furniture, CCTV, and other equipment.

-Auditing is done with help of CA and CS.

Products & Services Overview

Deposit - Saving Deposit, Recurring Deposit, Fixed Deposit.

Loans - Gold loan, property loan, insurance policy loan.

Facilities Overview

1st floor Rented office in Peramangalam, Thrissur district.

Capitalization Overview
Not Disclosed
Recent Activity
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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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