Microfinance Company Seeking Loan in Tbilisi, Georgia
Microfinance company with 100+ clients and 15+ years of experience seeks loan for working capital.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Public Limited Company |
| Reported Sales | USD 74 thousand |
| Run Rate Sales | USD 89 thousand |
| EBITDA Margin | 15 % |
| Industries | Microfinance |
| Locations | Tbilisi |
| Local Time | 4:37 PM Asia / Tbilisi |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
1.85 million
for
10.0%
annual interest,
3
years
(Native Currency: GEL 5,000,000)
Reason: Require funds for working capital.
Collateral Available: USD 1.85 million
Includes physical assets worth
USD
740 thousand
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Business Name
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Business Overview
- Microfinance company offering commercial, mortgage, and business loans.
- Extensive experience in microfinance, spanning 15 years.
- Professional staff with specialized expertise in financial services.
- Well-established relations with supervisory bodies and regulators, ensuring compliance and credibility.
- Proven communication channels with customers, fostering trust and transparency.
- Strategically located office in a commercially active area of the city, enhancing accessibility.
- Targeting small to medium-sized businesses.
- Currently serving 100 clients exclusively in Georgia.
- Holds licenses from the Central Bank of Georgia for registration and currency exchange.
- Revenue model primarily based on interest and commissions on transactions.
- Majority of revenue derived from interest payments.
- Extensive experience in microfinance, spanning 15 years.
- Professional staff with specialized expertise in financial services.
- Well-established relations with supervisory bodies and regulators, ensuring compliance and credibility.
- Proven communication channels with customers, fostering trust and transparency.
- Strategically located office in a commercially active area of the city, enhancing accessibility.
- Targeting small to medium-sized businesses.
- Currently serving 100 clients exclusively in Georgia.
- Holds licenses from the Central Bank of Georgia for registration and currency exchange.
- Revenue model primarily based on interest and commissions on transactions.
- Majority of revenue derived from interest payments.
Products & Services Overview
Microfinance company with the following services:- Commercial, mortgage and business loans.
- Auto and jewelery pawns are secondary.
- Currency exchange.
Assets Overview
Office building, acquired immovable property, accounting software.
Facilities Overview
Own office belongs to the company.Measure a total of 400 sq m.
Central location in the city of Tbilisi.
Capitalization Overview
Shareholders are 12.6 ordinary shareholders and 9 preference shareholders with some ordinary shareholders also holding preference shares.
No loans or debts.
Self funded operations.
Recent Activity
-
Earlier than 15 daysCEO, Dubai, M&A Advisor connected with the Business
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