Insurance Agency Seeking Loan in Spanish Town, Jamaica

Company underwrites for motor vehicle and property insurances based in Jamaica seeks business loan.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 17 thousand
EBITDA Margin
20 %
Industries
Locations
Local Time
7:56 PM Jamaica
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 40 thousand for 40.0% annual interest, 6 years (Native Currency: JMD 6,000,000)
Reason: To finance current office and open 2 more branches.
Collateral Available: USD 0
Includes physical assets worth USD 1.4 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Our company is in Spanish Town. We are insurance agents and work on behalf of a large insurance company. We also have a sole trader license.

- Have served over 300 clients since inception.

- Company underwrites for motor vehicle and property insurances.

- On an average we serve 25 clients on a monthly basis and we are growing month on month.

- Insurance company pays us 12.5% commission for each service.

- Promoter has over 8 years of experience in this business.

Products & Services Overview

Underwrites for motor vehicle and property insurances.

Facilities Overview
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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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