FinTech Business Seeking Loan in Bangalore, India

Business having developed a taxation software used by over 1,500 users.

Established	5-10 year(s)
Employees	2 - 5
Legal Entity	Sole Proprietorship/Sole Trader
Reported Sales	USD 20 - 30 thousand
Run Rate Sales	USD 36 thousand
EBITDA Margin	40 %
Industries	FinTech
Locations	Bangalore
Local Time	5:50 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

8.2 / 10

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Seeking Loan

USD 30 thousand for 12.0% annual interest, 2 years (Native Currency: INR 2,500,000)

Reason: To setup new offices and to take on more clients.

Collateral Available: USD 0

Includes physical assets worth USD 5.4 thousand

Interested to connect with advisors

Name, Phone, Email

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Business Name

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User Verification

Documents

GST Certificate (76.5 KB)

Business Overview

- Business having developed a taxation software, based in Bangalore.

- The software is used by tax professionals and companies. It helps tax professionals to keep track of their clients financial records and the software directly computes tax amounts based on the information provided.

- We charge a one time fee to a new client and an annual maintenance charge.

- Have over 1,500 users of this software, out of which 350 are regular users.

- We are looking to set up 5 new offices in Bangalore.

- Physical assets include office setup. Office space is not owned by the business.

Products & Services Overview

Taxation software to help tax professionals keep track of their clients financial records and the software directly computes tax amounts.

Facilities Overview

Have 2 offices in Bangalore. Both are approximately 450 Sq. Ft. and are rented. We are looking to set up office in 5 more locations in Bangalore.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
CEO, Dallas, Financial Consultant connected with the Business
Earlier than 15 days
Group CMD, IT, Delhi, Corporate Investor / Buyer connected with the Business
Earlier than 15 days
Management, Financial Services, Mumbai, Corporate Investor / Buyer connected with the Business

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FinTech Business Seeking Loan in Bangalore, India

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