NBFC Seeking Loan in Haridwar, India
Nidhi company that undertakes deposits and gives out short-term loans, currently having 70+ customers.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Public Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 107 thousand |
| EBITDA Margin | 10 % |
| Industries | NBFC |
| Locations | Haridwar |
| Local Time | 4:31 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
56 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 5,000,000)
Reason: The funds will be used to increase our loan book. Promoter owns land with a clear title which is wor...
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Collateral Available: USD 56 thousand
Includes physical assets worth
USD
5.6 thousand
Documents
ROC-Verification.pdf
(59.6 KB)
Business Overview
- Nidhi company operating in Haridwar.
- Started operations recently and already have 70+ clients who use our financial products.
- We primarily give unsecured loans of small ticket sizes at annual interest rates of over 20%
- Have given around 50 such loans and our current loan book is worth INR 50 lakh.
- The average tenure of the loans is 2 - 3 years.
- We are also able to offer annual interest rates of 10% on our fixed deposit accounts.
- Started operations recently and already have 70+ clients who use our financial products.
- We primarily give unsecured loans of small ticket sizes at annual interest rates of over 20%
- Have given around 50 such loans and our current loan book is worth INR 50 lakh.
- The average tenure of the loans is 2 - 3 years.
- We are also able to offer annual interest rates of 10% on our fixed deposit accounts.
Products & Services Overview
Offer a range of financial products including savings account, fixed deposits, recurring deposits, and unsecured loans.
Facilities Overview
2,000 sq. ft. of rented office space. Monthly rent of INR 10,000.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysVice President, Building Material, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Higher Education / Management Consulting, Delhi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysProprietor, Stationery, Pune, Individual Investor / Buyer connected with the Business
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