NBFC Seeking Loan in Gadarwara, India
Company offering different deposits schemes, daily deposit and savings account, FD, RD, and loan.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Public Limited Company |
| Reported Sales | INR 20 lakh |
| Run Rate Sales | INR 36 lakh |
| EBITDA Margin | 25 % |
| Industries | NBFC |
| Locations | Gadarwara |
| Local Time | 1:49 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
INR
20 lakh
for
20.0%
annual interest,
3
years
(Native Currency: INR 2,000,000)
Reason: Looking to expand the business through a franchise model and business development.
Collateral Available: INR 25 lakh
Includes physical assets worth
INR
10 lakh
Interested to connect with advisors
Documents
Certificate of Incorporation
(125.2 KB)
ROC-Verification.pdf
(59.7 KB)
Business Overview
- We are a Nidhi company that was incorporated around 6 months ago and has been running successfully. We are now looking to expand through a franchise model.
- We are authorized by its laws to accept deposits from its members under different schemes.
- Have provided over 50+ loans to members and small business owners.
- On average our loan sizes tend to range from INR 10,000 to INR 1,00,000.
- In a month we are providing loans worth INR 3 lakh monthly and charging an interest of 15 to 25%.
- We do complete KYC and collect cheque and bank statements to get assurance from members for repayment.
- The repayment duration for the loan is between 1 month and 1 year and we have 10 collection executives to ensure the interest is paid in a timely manner.
- Promoter has a finance background with over 8 years of experience in management, sales and marketing.
- Company is looking to provide over 5,000 loans per year as its target.
- Company's physical assets include work stations, laptops and furniture.
- We are authorized by its laws to accept deposits from its members under different schemes.
- Have provided over 50+ loans to members and small business owners.
- On average our loan sizes tend to range from INR 10,000 to INR 1,00,000.
- In a month we are providing loans worth INR 3 lakh monthly and charging an interest of 15 to 25%.
- We do complete KYC and collect cheque and bank statements to get assurance from members for repayment.
- The repayment duration for the loan is between 1 month and 1 year and we have 10 collection executives to ensure the interest is paid in a timely manner.
- Promoter has a finance background with over 8 years of experience in management, sales and marketing.
- Company is looking to provide over 5,000 loans per year as its target.
- Company's physical assets include work stations, laptops and furniture.
Products & Services Overview
Lending and saving services with deposit against loan, gold loan, silver loan, properties mortgage loan, saving account, fixed deposit, recurring deposit and daily deposit.
Facilities Overview
Rented office of 500 Sq Ft. Equipped with work stations, customer lounge, conference hall and cabin. It is on rent for INR 10,000 per month.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysTeam Leader, IT Outsourcing, Hamilton, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Delhi, Financial Consultant connected with the Business
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