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Healthcare Services Company Seeking Loan in Lucknow, India

Seeking Business Loan: Company offers discounted medical treatments to their clients at their affiliated hospitals.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Healthcare Services
Locations  Lucknow
Local Time 9:51 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 118 thousand for 15.0% annual interest, 6 years (Native Currency: INR 10,000,000)
Reason: The proceeds from the business loan will be used for: - Funding working capital requirements. - Ex... View More
Collateral Available: USD 0
Includes physical assets worth USD 8.3 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- Our business is essentially a healthcare startup that aims to penetrate rural areas across the country & provide individuals with premium healthcare services.
- We will be creating affiliations with hospitals across Lucknow that are looking to increase their business & want more clientele.
- We will act as a middleman between people looking for reasonably priced healthcare services and our associated hospitals.
- Customers who book medical services through us will receive a discount ranging between 30 to 40 percent on a variety of medical services.
- For every successful client received by the hospitals, they will pay us 40 percent of the profits and keep the remaining 60 percent for themselves.
- Customers will be booking their services through us instead of directly going to the hospital because our channel will make the same services more affordable.
- Our sales & marketing team will be continuously visiting rural areas, sharing pamphlets and educating individuals about our services which will help us get more clients.
- Currently, we have signed contracts with 3 hospitals in Lucknow. We have not generated revenue yet, however, we are expected to be cash-flow positive & start generating revenue within a few weeks.
- Our business is entirely debt-free with no outstanding business loans, overdue, or defaults.
- The company has two directors who have 75 percent ownership of the business. The remaining 25 percent is owned equally among three other shareholders. There are no more investors or shareholders.
Products & Services Overview
We will provide our clients with medical services at discounted prices at our affiliated hospital. A few services include:
- Medicines.
- General checkups & consultations.
- Diagnostic lab tests.
- Surgeries and minor operations.
Assets Overview
Physical assets include: Interior fittings & furniture along with laptops, computers, printers, and other tech hardware.
Facilities Overview
The business runs operations from a rented facility spread across 2,000 sq. ft. in Lucknow, Uttar Pradesh.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Sales Manager, Gurgaon, Commercial Real Estate Broker connected with the Business
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2 Investors already contacted this Business. Register below to connect now!
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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