NBFC for Sale in Tauru, India
|Employees||5 - 10|
|Legal Entity||Public Limited Company|
|Run Rate Sales||USD 28 thousand|
|EBITDA Margin||16 %|
|Local Time||5:32 AM Asia / Kolkata|
|Listed By||Management Member|
- We are a Nidhi company with 136 members registered. We are on-track to register 200 members by the end of next month and over 643 members by the end of the year. The business is experiencing rapid growth.
- All the government compliance and documentation are up to date.
- We exclusively target customers in the transportation sector. This is because the transport sectors forms the back-bone of any economy.
- The business has been registering members since the beginning of the year and started sanctioning loans in the past 4 months. We have disbursed over INR 6,52,000 funds till date. We have already registered over 136 customers in half a year.
- We disburse loans after undertaking strict due diligence. Besides analyzing the credit score of the member, a physical verification in the form of house inspections are undertaken in order to determine if the member can keep up with the monthly EMI payments. As a result, the company has 0 defaulters on loan repayments.
- The interest rate and credit limit on the loans are dependent on the member's financial stability and their credit history. We usually charge an interest of 20%. The largest loan amount disbursed was INR 2 lakh.
- The business sanctions loans within 10 days from the date of request. We are only allowed to disburse loans within Haryana, India.
- We also offer a debit card to our customers. To that extent, we have tied up with RBL Bank, Kotak Mahindra Bank and Niyo. We have accepted approximately INR 6,80,000 in deposits.
We provide financial services in the form of loan disbursements and debit card services to our clients in the transportation sector.
Along with the business, the buyer would get computers, printers, ACs, office equipments, furniture and generators.
We have rented a registered office with an area of around 2,500 square feet. Pay a monthly rent of INR 20,000. We have already paid a deposit for INR 60,000 and the duration of the rental agreement is 1 year subject to extension.
Earlier than 15 daysOwner, IT, Jaipur, Individual Investor / Buyer connected with this business
Earlier than 15 daysDirector, Travel Agency, Coimbatore, Individual Investor / Buyer connected with this business
Earlier than 15 daysIndividual Advisor, New Delhi, Financial Consultant connected with this business