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IT Services Business Seeking Loan in Mumbai, India

Mumbai based company providing IT hardware and software solutions with long standing clients.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 80 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 20 - 30 %
Industries IT Services
Locations  Mumbai
Local Time 11:04 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 36 thousand for 15.0% annual interest, 3 years (Native Currency: INR 3,000,000)
Reason: For expansion of the business.
Collateral Available: USD 0
Business Overview

- Company provides IT hardware & software solution to companies.

- We provide solutions like system integration, networking, server, and storage consolidation.

- We source the products required from OEMs industries and supply it to the clients.

- Have more than 25 clients and have been serving them for more than 3 years now.

- Our clientele includes well-known names such as Viacom, Colours, CNBC, Gopinath Parsik.

- Our sales have slightly decreased due to the COVID situation.

- Promoter has been working in this industry for 20 years.

Products & Services Overview

IT Hardware, software licensing, virtualization, networking solution, video surveillance.

Facilities Overview

Rental premises of 100 sq ft for 3 years.

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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