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IT Consultancy Company Seeking Loan in Bangalore, India

Business specializing in SAP Commerce and services, seeking a loan for growth and working capital.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 5.9 thousand
Run Rate Sales USD 14 thousand
EBITDA Margin 20 - 30 %
Industries IT Consultancy
Locations  Bangalore
Local Time 8:18 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 11.7 thousand for 10.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: Seeking a loan to cover business expenses related to hiring Pre Sales and developing key software ca... View More
Collateral Available: USD 1.17 thousand
Includes physical assets worth USD 940
Interested to connect with advisors
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Business Overview
- The business specializes in SAP Commerce services tailored for corporate clients.
- Notable projects include implementing SAP Commerce for a significant Australian Telco.
- The business primarily operates within the domestic market.
- Specializations include SAP Hybris Implementation Migration, enterprise web app development, and digital enablement.
- Operations are conducted with a 90-day credit period based on client invoices, currently serving two clients.
- The business employs three full-time staff members and hires additional workers for project-based needs.
- Business has obtained all required regulatory approvals and licenses, ensuring full compliance.
Products & Services Overview
- SAP Commerce stands out as the top-selling service.
- The primary customer base comprises corporate clients.
Assets Overview
The business owns physical assets such as laptops and furniture.
Facilities Overview
The business operates in Hybrid mode at Electronic City Phase 1, situated in a building owned by the owners.
Capitalization Overview
1. Three directors and two shareholders are involved.
2. Ownership is split equally with a 50-50 shareholding.
3. There are no debts associated with the company.
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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