Consumer Lending Company Seeking Loan in Raisen, India
Provides short term loans to SMEs, having served more than 100+ clients.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Public Limited Company |
| Reported Sales | USD 8 thousand |
| Run Rate Sales | USD 10 thousand |
| EBITDA Margin | 15 % |
| Industries | Consumer Lending |
| Locations | Raisen |
| Local Time | 3:20 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
24 thousand
for
18.0%
annual interest,
1
year
(Native Currency: INR 2,000,000)
Reason: To acquire borrowers in Bhopal and other nearby cities.
Collateral Available: USD 12 thousand
Includes physical assets worth
USD
1.2 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(59.5 KB)
Business Overview
Company provides short term loans against a security to small enterprises upto a tune of INR 1 lakh. Since inception, we have served 100+ clients amounting to a total lending of INR 15 lakh. The loan duration is for a maximum of 4 months and we charge an annual interest of 18%. At any point in time we have INR 10 lakh with us to lend.
Seeking funds to expand to Bhopal and nearby cities. Business owned assets include laptops and furniture.
Products & Services Overview
Short term loans against a security.
Facilities Overview
500 sq ft of office on rent.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Financial Services - Accounting & Evaluation, Kolkata, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
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Earlier than 15 daysSenior Executive, Banking, Patna, Individual Investor / Buyer connected with the Business
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