NBFC Investment Opportunity in Ulaanbaatar, Mongolia
2-years audited profitability Non-Banking Financial Institution (NBFI) in Mongolia.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 800 thousand |
| Run Rate Sales | USD 840 thousand |
| EBITDA Margin | 34 % |
| Industries | NBFC |
| Locations | Ulaanbaatar |
| Local Time | 1:13 AM Asia / Ulaanbaatar |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
9.7 million
for
30.0%
stake
(Native Currency: MNT 35,000,000,000)
Reason: Business expansion to capture bigger markets with more financial products to be offered to the marke...
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Includes physical assets worth
USD
4.9 million
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Company Logo
(264.6 KB)
Company Profile
(2.0 MB)
Business Proposal and Projections
(17.2 MB)
Audited Report 2022
(4.4 MB)
Audited Report 2023
(6.2 MB)
NBFI Certificate
(1.2 MB)
Insurance Coverage
(147.4 KB)
Business Overview
The number of clients is more than 500, and the experience of our non-banking financial institution is more than 2 years.
Currently, our company is cooperating with the best companies in Mongolia such as Shilmel Buidan LLC, and Arina Electronics LLC. We are ready to cooperate with Nomin Electronics LLC if the additional investment comes in soon.
We do not take any deposits and are rolling our initial corpus of USD 1 million to give out loans. We provide loans for assets like electronic appliances and cars. The maximum ticket size for a loan is USD 35,000. The monthly interest rate varies from 1-4% depending on the duration of the loan. We are financing partners for Shilmel Buidan and Arina Electronics among many others.
Our process-driven and structured workflow, due diligence, and loan disbursal process make it very easy for us to manage operations with just 6 employees.
Our current assets has increased to USD1.3 million in the year of 2023 and we've recorded 2 years audited profitability.
Currently, our company is cooperating with the best companies in Mongolia such as Shilmel Buidan LLC, and Arina Electronics LLC. We are ready to cooperate with Nomin Electronics LLC if the additional investment comes in soon.
We do not take any deposits and are rolling our initial corpus of USD 1 million to give out loans. We provide loans for assets like electronic appliances and cars. The maximum ticket size for a loan is USD 35,000. The monthly interest rate varies from 1-4% depending on the duration of the loan. We are financing partners for Shilmel Buidan and Arina Electronics among many others.
Our process-driven and structured workflow, due diligence, and loan disbursal process make it very easy for us to manage operations with just 6 employees.
Our current assets has increased to USD1.3 million in the year of 2023 and we've recorded 2 years audited profitability.
Products & Services Overview
Our main activity is providing loans for mostly immovable assets. The company is also licensed to engage in foreign exchange and foreign currency trading, electronic settlement, and remittance activities of NBFI's loans, which contribute to the financial market of Mongolia by offering our clients the lowest risk conditions with flexible terms and strictly ensuring compliance with the laws, standards, and regulations of the financial market. NBFI's market in Mongolia is worth USD 1 Billion and our target is to penetrate at least 10% of the total market size.
Assets Overview
Our tangible assets:1) A resort worth MNT 2.6 billion located at Nalaikh, Mongolia (owned by one of our subsidiary companies).
2) The company's cars are worth MNT 800 million.
3) Audited net assets worth MNT 4.4 Billion.
Intangible assets:
1) NBFI license issued by Mongolian Financial Regulatory Commission.
Facilities Overview
Our non-banking financial institution is currently renting a 132 sq. m service building at 50 Myangat, 2nd Khoroo, Chingeltei district. We are renting this office for MNT 6 million per month.
Capitalization Overview
The company is self-funded by the owner with USD 1 million and this company is 100% owned by a Mongolian citizen. Currently, our company has no debts or loans outstanding.Align with the market demands, we want to expand our portfolio and we would like to have an equity partner to be with us until we manage to achieve our final destination which is a full-pledged banking lincense.
We don't have any specific requirements for our future partners, the only requirement that we need is a partner who is able to provide us fresh funds to the company based on market needs in monthly basis.
Our target would be USD 10million in total but it could be more.
Recent Activity
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Earlier than 15 daysMD, Delhi, Investment Bank connected with the Business
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Earlier than 15 daysFounding Partner, Singapore, Financial Consultant connected with the Business
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Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
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