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FinTech Business Seeking Loan in Bangalore, India

Business having developed a taxation software used by over 1,500 users.
This transaction has concluded.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 35 thousand
EBITDA Margin 40 %
Industries FinTech
Locations  Bengaluru
Local Time 3:31 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 29 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 5.3 thousand
Interested to connect with advisors
Documents
GST Certificate
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
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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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