Consumer Lending Company Seeking Loan in Raisen, India
Provides short term loans to SMEs, having served more than 100+ clients.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Public Limited Company |
| Reported Sales | USD 8.2 thousand |
| Run Rate Sales | USD 9.8 thousand |
| EBITDA Margin | 15 % |
| Industries | Consumer Lending |
| Locations | Raisen |
| Local Time | 5:21 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
23.3 thousand
for
18.0%
annual interest,
1
year
(Native Currency: INR 2,000,000)
Reason: To acquire borrowers in Bhopal and other nearby cities.
Collateral Available: USD 11.7 thousand
Includes physical assets worth
USD
1.17 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(59.5 KB)
Business Overview
Company provides short term loans against a security to small enterprises upto a tune of INR 1 lakh. Since inception, we have served 100+ clients amounting to a total lending of INR 15 lakh. The loan duration is for a maximum of 4 months and we charge an annual interest of 18%. At any point in time we have INR 10 lakh with us to lend.
Seeking funds to expand to Bhopal and nearby cities. Business owned assets include laptops and furniture.
Seeking funds to expand to Bhopal and nearby cities. Business owned assets include laptops and furniture.
Products & Services Overview
Short term loans against a security.
Facilities Overview
500 sq ft of office on rent.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Financial Services - Accounting & Evaluation, Kolkata, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
-
Earlier than 15 daysSenior Executive, Banking, Patna, Individual Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
3 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 123,500+ other businesses of all sizes.
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.
You might also be interested in these businesses