NBFC Seeking Loan in Gadarwara, India
|Employees||10 - 50|
|Legal Entity||Public Limited Company|
|Reported Sales||USD 24 thousand|
|Run Rate Sales||USD 44 thousand|
|EBITDA Margin||25 %|
|Local Time||10:18 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
- 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.
Lending and saving services with deposit against loan, gold loan, silver loan, properties mortgage loan, saving account, fixed deposit, recurring deposit and daily deposit.
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.
Earlier than 15 daysCEO, IT, Chennai, Individual Investor / Buyer 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