Mid-market Financial Distributors Company Seeking Loan in Kolkata, India
Quickly expanding DSA of loan products for over 26 banks seeks funding for working capital.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 7 million |
| Run Rate Sales | USD 7 million |
| EBITDA Margin | Nil |
| Industries | Financial Distributors |
| Locations | Kolkata |
| Local Time | 4:59 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
58 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 5,000,000)
Reason: We need a working capital loan to fund the expansion across West Bengal.
Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(66.4 KB)
Business Overview
- We are the DSA (direct selling agents) for numerous PSU banks, private banks, and NBFCs of West Bengal.
- The company was incorporated about 4 years ago but the operations began 1.5 years ago.
- We find leads for loans, convert them, and do complete KYC and documentation.
- After loan disbursal to the customer (lendee) we get a payout from the banks.
- The payout is anywhere between 0.5% to 3% of the disbursed loan amount.
- We are currently working with 26 banks and have a physical presence in 5 districts of West Bengal.
- Planning expansion in North Bengal, Paschim Bardhaman, and Purba Bardhaman.
- The company was incorporated about 4 years ago but the operations began 1.5 years ago.
- We find leads for loans, convert them, and do complete KYC and documentation.
- After loan disbursal to the customer (lendee) we get a payout from the banks.
- The payout is anywhere between 0.5% to 3% of the disbursed loan amount.
- We are currently working with 26 banks and have a physical presence in 5 districts of West Bengal.
- Planning expansion in North Bengal, Paschim Bardhaman, and Purba Bardhaman.
Products & Services Overview
Home loan, loan against property, business loan, personal loan.
Assets Overview
The business does not have any physical assets.
Facilities Overview
We are located in heart of Kolkata city with a rented floor of around 3,000 sq feet.
Capitalization Overview
- Owned capital.- Total 4 shareholders, where two family members collectively hold 51% while the remaining 49% is split among the other 2 shareholders.
- No bank loans or external debt.
Recent Activity
-
Earlier than 15 daysGlobal Business Advisor, Bangalore, Financial Consultant connected with the Business
-
Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
-
Earlier than 15 daysMD, Textile Manufacturer, Ahmedabad, Individual Investor / Buyer connected with the Business
Tags:
Mid-market Financial Distributors Company Seeking Loan in Kolkata, India
·Lend to Mid-market Financial Distributors Company in Kolkata, India
·Mid-market Financial Distributors Company Seeking Loan in Calcutta
·Lend to Mid-market Financial Distributors Company in Calcutta
·Mid-market Financial Distributors Company Seeking Loan
·Lend to Mid-market Financial Distributors Company
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