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IT Consultancy Company Seeking Loan in Bandung, Indonesia

IT company in Bandung, specializing in programmer outsourcing serving government clients, seeking funding for expansion.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.1 million
Run Rate Sales USD 1.2 million
EBITDA Margin 25 %
Industries IT Consultancy
Locations  Bandung
Local Time 2:16 AM Asia / Jakarta
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1 million for 9.0% annual interest, 5 years (Native Currency: USD 1,000,000)
Reason: Seeking funding for expansion of sales & marketing channels and start taking up projects.
Collateral Available: USD 0
Includes physical assets worth USD 397 thousand
Name, Phone, Email
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Business Name
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Business Overview
- Located in Bandung, our IT development company employs a skilled workforce of 80 professionals dedicated to building sophisticated applications.
- We boast extensive experience, having collaborated with 13 diverse clients across Indonesia, primarily focusing on government sectors from healthcare, finance, and retail and 6 are currently active.
- Our dual revenue model offers flexibility with options for programmer outsourcing—a lower-risk, majority revenue stream—and future IT projects engagement.
- The company is currently under a tender process with a significant governmental client in the mining industry, highlighting our capability to handle large-scale projects.
- Operating under a 3-year Memorandum of Understanding (MOU), our billing scheme for outsourcing is structured on a monthly basis, ensuring steady cash flow.
- While programmer outsourcing remains our core revenue stream, we have untapped potential in IT projects, promising growth opportunities.
- With a focus on the Indonesian market, our reputation as a reliable partner in IT solutions is solidified by our strategic government contracts.
Products & Services Overview
Offering programmer outsourcing services, catering primarily to government sectors in healthcare, finance, retail, and mining industries across Indonesia. The company delivers reliable IT solutions and support through long-term contracts. While programmer outsourcing is the core revenue stream, the business also plans to engage in large-scale IT projects.
Assets Overview
Physical assets include the office building which is $366k, and the office equipment and furniture valued at $30k.
Facilities Overview
Own office space located in Kota Bandung,
Jawa Barat.
Capitalization Overview
Self-funded.
There is a bank loan on the property.
There are 2 directors with 70% and 30% ownership each.
Recent Activity
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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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