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Profitable IT Consultancy Company Seeking Loan in Milan, Italy

IT consulting firm with an online marketplace division is seeking a loan to expand operations.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 110 thousand
Run Rate Sales USD 130 thousand
EBITDA Margin 30 %
Industries IT Consultancy
Locations  Milan
Local Time 8:19 AM Europe / Rome
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 530 thousand for 10.0% annual interest, 5 years (Native Currency: EUR 500,000)
Reason: We are looking to acquire a company for which we require a sum of EUR 300,000. We require EUR 200,00... View More
Collateral Available: USD 530 thousand
Includes physical assets worth USD 32 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- IT consulting firm that has recently launched online marketplaces for general items, agricultural goods, and automobiles.

- Online marketplace is a nascent division and we earn the majority of our revenue through IT consulting.

- Clients have to subscribe to our marketplaces to partake in buying and selling any good.

- Our market places receive close to 300 daily visitors.

- IT consulting business has 4 clients.

- One of the clients is a government agency which pays us on a quarterly basis.

- Private sector clients pay us on a monthly basis in accordance with the contracts.

- The promoter was successfully running an IT consultancy for 5 years and has now established this company to expand to online marketplaces.

Products & Services Overview

IT consulting services; online marketplaces for automobiles, general goods, agricultural goods.

Assets Overview

18 computers, 4 laptops, office furniture.

Facilities Overview

Rented office space of 400 sq. m. at a rent of EUR 3,000 per month.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Kathmandu, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Partner, Dallas, Financial Consultant connected with the Business
  • Earlier than 15 days
    Co - Founder, Rome, M&A Advisor connected with the Business
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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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