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ISP Seeking Loan in Guntur, India

Guntur-based ISP business is searching for a business loan.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 16.7 thousand
EBITDA Margin 30 - 40 %
Industries IT Services + 1 more
Locations  Guntur
Local Time 4:11 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 35 thousand for 10.0% annual interest, 5 years (Native Currency: INR 3,000,000)
Reason: I can see future in the cloud technology as well as telecommunications. We can't effort that much am... View More
Collateral Available: USD 52 thousand
Includes physical assets worth USD 3.5 thousand
Interested to connect with advisors
Documents
Profile
Business Overview
- Business has applied for an ISP and will get an LOI by mid June.
- Tied up with a big ISP in Guntur and is providing internet services to customers.
- For ISP: About 30 domestic customers, and 20 corporate customers.
- Currently, application development is done through freelancers.
- Owners have 7+ years of experience in technology.
Products & Services Overview
Home Broadband.
Internet Leased Lines.
Application Development (Web, Android,. . . )
Facilities Overview
Home office.
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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