Newly Established Inter-Modal Passenger Transport Company Seeking Loan in Benin City, Nigeria
Pre-revenue university-focused transportation startup in Edo State with essential assets seeks funding to launch operations.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Inter-Modal Passenger Transport |
| Locations | Benin City |
| Local Time | 4:40 PM Africa / Lagos |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
113 thousand
for
40.5%
annual interest,
15
years
(Native Currency: NGN 160,000,000)
Reason: We are seeking loan funding to commence business operations.
The value of the physical assets excee...
View More
Collateral Available: USD 127 thousand
Includes physical assets worth
USD
127 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business/Projects Plan
(8.5 MB)
Part of Registration Documents 1
(3.8 MB)
Part of Registration Documents 2
(4.2 MB)
Part of Registration Documents 3
(4.2 MB)
Part of Registration Documents 4
(3.8 MB)
Part of Registration Documents 5
(3.8 MB)
Part of Registration Documents 6
(4.4 MB)
Part of Registration Documents 7
(4.3 MB)
Part of Registration Documents 8
(4.3 MB)
Part of Registration Documents 9
(4.0 MB)
Domain-Verification.pdf
(213.8 KB)
Business Overview
- Registered transportation startup focused on inter-modal passenger mobility within and around university campuses in Edo State, Nigeria.
- Designed to serve daily commuting needs of students, academic staff, families, and local residents.
- Currently operating at a pre-revenue stage with groundwork and asset preparation underway.
- Promoted and fully funded by a single owner with senior academic and administrative experience in the university ecosystem.
- Planned operations initially cover two university campuses with scalable expansion potential.
- No existing debts or liabilities; business is entirely promoter-owned with 100% control.
- Land parcel already acquired and owned by the company for future operational use.
- Certificates of incorporation in place for the transport entity, with parallel registrations underway for allied long-term projects.
- Designed to serve daily commuting needs of students, academic staff, families, and local residents.
- Currently operating at a pre-revenue stage with groundwork and asset preparation underway.
- Promoted and fully funded by a single owner with senior academic and administrative experience in the university ecosystem.
- Planned operations initially cover two university campuses with scalable expansion potential.
- No existing debts or liabilities; business is entirely promoter-owned with 100% control.
- Land parcel already acquired and owned by the company for future operational use.
- Certificates of incorporation in place for the transport entity, with parallel registrations underway for allied long-term projects.
Products & Services Overview
Daily inter-modal passenger transportation services for university students, faculty members, parents, and surrounding community commuters.
Assets Overview
Tangible assets include land valued at NGN 180 million.Intangible asset include incorporation certificate.
Facilities Overview
The business does not currently operate from a formal office; however, it has acquired and owns a parcel of land intended for setting up operations.
Capitalization Overview
The business is fully promoter-funded with no external investors and no existing debts or borrowings.
Tags:
Newly Established Inter-Modal Passenger Transport Company Seeking Loan in Benin City, Nigeria
·Lend to Newly Established Inter-Modal Passenger Transport Company in Benin City, Nigeria
·Newly Established Inter-Modal Passenger Transport Company Seeking Loan
·Lend to Newly Established Inter-Modal Passenger Transport Company
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
10 Investors viewed this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
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.
You might also be interested in these businesses