Consumer Lending Company Investment Opportunity in Thrissur, India

Nidhi company in Thrissur providing secured loans, seeking funds to set up new branches.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 250 thousand
EBITDA Margin
0 - 10 %
Industries
Locations
Local Time
7:22 AM Thrissur
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 140 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 7 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
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
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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