Financial Distributors Business Seeking Loan in Hyderabad, India

Business selling and processing loans and insurance on behalf of banks, currently having 17 telecallers.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 100 thousand
EBITDA Margin
25 %
Locations
Local Time
2:12 PM Hyderabad
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 200 thousand for 10.0% annual interest, 5 years (Native Currency: INR 15,000,000)
Reason: To set up a 100 seater office in Hyderabad for our tele-callers, salary and working capital.
Collateral Available: USD 0
Includes physical assets worth USD 6.6 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

- Business processing and selling loans to customers, based in Hyderabad.

- Have partnered with 17 banks across India.

- We have 17 tele-callers who call and offer business and personal loans to prospective customers.

- For each loan that we process, our business receives a 3% commission from the banks.

- Loans that are offered include - Personal Loans, Business Loans, Loan against Property. Also offer health and life insurance.

- Revenue has increased this year as we have hired more tele callers and have started converting more leads.

Products & Services Overview

Business selling loans and insurance on behalf of banks - personal Loans, Business Loans, Loan against Property, health and life insurance.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Independent Advisor, Hyderabad, Financial Consultant connected with this business
  • Earlier than 15 days
    Relationship Manager, Hyderabad, Financial Advisor connected with this business
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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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