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ISP Seeking Loan in Ipil, Philippines

Internet service providers based in Ipil, Philippines currently having 3000 individual customers.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales INR 1 - 2 crore
Run Rate Sales INR 1.85 crore
EBITDA Margin 20 - 30 %
Industries ISPs
Locations  Ipil
Local Time 4:04 AM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
INR 3.1 crore for 15.0% annual interest, 5 years (Native Currency: PHP 20,000,000)
Reason: To expand our services across Zamboanga which will cover 56 municipalities and 5 cities.
Collateral Available: INR 1.54 crore
Includes physical assets worth INR 1.54 crore
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
DTI
COR
NTC Permit
Business Overview
- An internet service provider based in Ipil, Philippines.
- We are registered with the National Telecommunication Commission.
- We provide high speed internet to individual customers, sourced from three major gateways - PLDT and Globe.
- Currently operating in 3 municipalities and servicing 3000 customers.
- We are planning to expand our business all across Zamboanga Peninsula which will cover 56 municipalities and 5 cities.
- We intend to start providing our services to companies as well in the future.
- Physical assets include office setup.
Products & Services Overview
High-speed Internet connectivity via Hotspot Enterprise System, sourcing from 2 gateways - PLDT & GLOBE.
Assets Overview
Real estate property.
Vehicle for the transportation.
Equipments like radio, disc.
NTC Registered.
Local permits registered.
Facilities Overview
Have a rented office space in Ipil, Zamboanga.
Capitalization Overview
This is a single proprietorship.
Problem is, we need funds to pay our outstanding loans and expand the business.
Recent Activity
  • Earlier than 15 days
    Business Consultant, Cape Town, Business Broker connected with the Business
  • Earlier than 15 days
    CEO, Milan, Financial Consultant connected with the Business
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Contact Business
3 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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