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Newly Established Payment Services Company Seeking Loan in Hazaribagh, India

Seeking Business Loan: Company aiming to provide cutting edge IT solutions to its costumers.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Payment Services + 2 more
Locations  Hazaribagh
Local Time 8:35 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 20 thousand for 18.0% annual interest, 4 years (Native Currency: INR 1,500,000)
Reason: The funds will be dispersed to commence operations and hire employees.
Collateral Available: USD 0
Interested to connect with advisors
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Business Name
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Business Overview

- Our company will be providing a variety of IT services to our clients.

- We have not generated any revenue yet. However, with the proceeds from the business loan, we will commence operations and hire industry experts to render high quality services.

- Expected profit margin on the business is 30 percent. With enormous growth potential in the industry, we will retire the capital amount along with interest payments to our lessor within the stipulated time frame.

- Other details about the business are still under discussion.

Products & Services Overview

Our services will include:

- Digital IT solutions.

- Digital marketing.

- Website & application development.

- Cloud services.

- Payment services: Aadhaar pay, cash deposit API, bill payment, NEFT & IMPS.

Assets Overview

The company does not own any physical assets.

Facilities Overview

The owner owns a facility from where the business will run operations.

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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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