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Travel Agency Seeking Loan in Kochi, India

New travel agency requires loan support for operational expenses to grow stronger.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Travel Agencies
Locations  Kochi
Local Time 7:56 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 4.5 thousand for 18.0% annual interest, 2 years (Native Currency: INR 400,000)
Reason: The reason for this loan request is for operational expenses and to keep backup for the start-up. Th... View More
Collateral Available: USD 0
Includes physical assets worth USD 6.1 thousand
Interested to connect with advisors
Documents
GST Certificate
Company Logo
Proof of business
Business Overview
- Newly started travel agency for outbound tourism and domestic tours and travel bookings.
- Have partnerships with 25-30 vendors to facilitate the bookings.
- Packages ranging from INR 25k to INR 6+ lakh for international travel depending on destination and client preferences.
- The team members have a minimum of 12 to 15 years of expertise working for different travel brands and have now started this new venture to stand independently.
- To date, service quality, as well as customer satisfaction, is the key moto kept in mind through all the services catered.
Products & Services Overview
Travel agency providing flights, rail, packages, cruise bookings, holiday travel packages (outbound and domestic)
Assets Overview
We have basic office assets including AC, computers, and interiors.
Facilities Overview
380 sq ft office taken on rent with ample space for 05 staff plus 1 branch in charge with all the facilities required for a perfect office atmosphere.
Capitalization Overview
There are no debts on this start up and this was funded by our own savings what we had. We did not take any loans from market during the start up. This is sole owned business. All this company needs a back up fund to bring in quality travel products, software, marketing and also to maintain proper financial stability in the market and for our smooth functioning of the office for initial 06 months which is crucial for every start up business.
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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