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Web & Mobile Development Business Seeking Loan in Coimbatore, India

Web and application development company providing service to over 3 clients seeks a loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 43 thousand
EBITDA Margin 30 %
Industries Web & Mobile Development
Locations  Coimbatore
Local Time 12:03 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 240 thousand for 10.0% annual interest, 5 years (Native Currency: INR 20,000,000)
Reason: Need funds to expand the business and set up a computer training institute. Valuation is based on ou... View More
Collateral Available: USD 0
Includes physical assets worth USD 1.2 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview

- Recently established company that develops mobile and web applications.

- Currently, have over 3 clients for food and service-oriented sectors.

- We also started to deal with software development training by providing candidates with certification.

- Currently, we are generating revenue through web and application development only.

- Also have supported Darshan Driving School, Melbourne, Australia.

- The company is a sole proprietorship and has no debts or liabilities.

Products & Services Overview

Web & mobile application development.

Computer training institute.

Assets Overview

Tangible- office furniture.

Intangible- brand and registration.

Facilities Overview

100 sq. ft of the area on the ground floor with a monthly rent of INR 10,000/-.

Capitalization Overview

No of owners are only 1.

No outstanding.

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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