Need help?

Payment Services Company Seeking Loan in Hazaribagh, India

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

Established 1-5 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 10:21 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 17.3 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
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
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.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    CEO, Chennai, Financial Consultant connected with the Business
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
1 Investor already contacted this Business. Register below to connect now!
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
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more