NBFC Seeking Loan in Balotra, India
Retail bank with 200 RD/FD accounts and INR 5 lakhs of distributed loan.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Public Limited Company |
| Reported Sales | USD 1.75 thousand |
| Run Rate Sales | USD 3.5 thousand |
| EBITDA Margin | 7 % |
| Industries | NBFC |
| Locations | Balotra |
| Local Time | 2:14 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
58 thousand
for
15.0%
annual interest,
3
years
(Native Currency: INR 5,000,000)
Reason: The loan is required for expanding the business by getting more customers. It will also be used to d...
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Collateral Available: USD 58 thousand
Includes physical assets worth
USD
11.7 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(73.8 KB)
Business Overview
- We are a startup NBFC located in Balotra.
- Business has been operational for 8 months.
- We take deposits and provide loans to our customers. We are governed by RBI.
- Have opened 200 RD/FD accounts for our users.
- We have distributed loans worth INR 5 lakhs so far.
- Our interest rates start from 14.5%-24% for gold loans and 14%-19% for personal loans.
- Loans are provided to people who are looking for small personal loans belonging to rural areas.
- Business is managed by 3 partners with one having the majority of the stake.
- Business is debt-free.
- The collateral provided is the personal property of one of the directors.
- Business has been operational for 8 months.
- We take deposits and provide loans to our customers. We are governed by RBI.
- Have opened 200 RD/FD accounts for our users.
- We have distributed loans worth INR 5 lakhs so far.
- Our interest rates start from 14.5%-24% for gold loans and 14%-19% for personal loans.
- Loans are provided to people who are looking for small personal loans belonging to rural areas.
- Business is managed by 3 partners with one having the majority of the stake.
- Business is debt-free.
- The collateral provided is the personal property of one of the directors.
Products & Services Overview
We provide RD/FD services and distribute gold and personal loans.
Assets Overview
Physical assets include computers and furniture. Intangible assets include the software.
Facilities Overview
Operate the business from a rented premise.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Real Estate And Construction, Jaipur, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysMD, Shipping Services, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
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1 Investor contacted this Business this month.
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