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NBFC Seeking Loan in Jalandhar, India

NBFC in Jalandhar, given out 150 home loans seeks funding to augment its capital requirement.
This transaction has concluded.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 10 - 50
Legal Entity Public Limited Company
Reported Sales USD 600 thousand
Run Rate Sales USD 1 million
EBITDA Margin 20 %
Industries NBFC
Locations  Jalandhar
Local Time 10:42 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 950 thousand for 12.0% annual interest, 5 years (Native Currency: INR 80,000,000)
Reason: For working capital requirements and funds to give out more loans.
Collateral Available: USD 1.2 million
Includes physical assets worth USD 240 thousand
Interested to connect with advisors
Documents
Business Overview
- An NBFC in Jalandhar, Punjab that started operations in 1986.
- We provide home loans and loans against properties.
- Our business is an approved and certified NBFC by RBI.
- Have given to loans to 150 individuals till date.
- Our business caters to lower income group. The loans we give out is a small ticket size.
- We give out loans in the range of Rs. 1-10 lakhs.
- The interest we charge is 28% reducing interest annually.
- The duration of the loans is between 1-10 years.
Products & Services Overview
NBFC in Punjab providing home loans and loans against properties.
Facilities Overview
We have our head office in Jalandhar and 2 branch offices in Jalandhar and Ludhiana. All properties are owned by the business.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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