ISP Seeking Loan in Chhapra, India
Established ISP business seeks loan for government project, enhancing rural connectivity with affordable solutions.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 2.12 thousand |
| EBITDA Margin | Nil |
| Industries | ISPs |
| Locations | Chhapra |
| Local Time | 3:41 AM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
23.6 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 2,000,000)
Reason: - Owners are seeking a business loan as they are working on a government project that requires immed...
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Collateral Available: USD 0
Includes physical assets worth
USD
410
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(337.0 KB)
Business Overview
- Bihar-based ISP, operational for the past six months.
- Main revenue from router installations and internet service provision.
- Installs more than 10 routers monthly, currently has 8 active local users.
- Achieved breakeven this month.
- Holder of a PM-WANI license, enabling wider internet access.
- Main revenue from router installations and internet service provision.
- Installs more than 10 routers monthly, currently has 8 active local users.
- Achieved breakeven this month.
- Holder of a PM-WANI license, enabling wider internet access.
Products & Services Overview
- Business is an internet service provider.- It provides internet at a cheaper price in the rural areas.
Assets Overview
The business is currently asset light and owns a stock of Wi-Fi routers worth INR 30,000, and a few other electrical installation tools.
Facilities Overview
Business operates from a rented office in Dariapur, Saran, Chapra.
Capitalization Overview
The business operates with two shareholders holding 90% and 10%.The business at the moment is debt free and is self-financed.
Tags:
Wireless Internet Provider Seeking Loan in Chhapra, India
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·Lend to Wireless Internet Provider
·Lend to Internet Service Provider
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