NBFC Seeking Loan in Jalandhar, India

NBFC in Jalandhar, given out 150 home loans seeks funding to augment its capital requirement.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 1.1 million
EBITDA Margin
20 %
Industries
Locations
Local Time
4:40 AM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 1.1 million 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 1.3 million
Includes physical assets worth USD 260 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
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
Recent Activity
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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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