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Payment Services Company Seeking Loan in New Delhi, India

Hospitality marketing business providing loyalty programs to eight 5-star hotels in India and Nepal.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 280 thousand
Run Rate Sales USD 320 thousand
EBITDA Margin 15 %
Industries Payment Services
Locations  New Delhi
Local Time 2:49 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 30 thousand for 10.0% annual interest, 5 years (Native Currency: INR 2,500,000)
Reason: Seeking funds for clearance of debt and for working capital to sign new hotels.
Collateral Available: USD 0
Includes physical assets worth USD 6 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview

- Company provides hospitality marketing services such as loyalty cards and membership programs.

- Our clients are 5-star hotels which include 6 hotels in India, and 2 hotels in Kathmandu, Nepal. Some of our well-known clients include Golden Tulip, Radisson, and Holiday Inn.

- We offer yearly loyalty / membership programs for the customers of the hotels. Memberships provide offers on dining, accommodation and other privileges of the Hotel.

- Membership programs are available with prices ranging from INR 7,000 to 10,000 for each member, and we collect the money from the customers and pass on a commission to the hotel based on the membership price.

- We get 2,000+ membership subscriptions on a yearly basis.

- Directors have over 20 years of industry experience.

- Business owned assets include computers and office equipment.

Products & Services Overview

Marketing of membership and loyalty programs for hotels.

Assets Overview

Computers, air conditioners, printers, work station & other furniture equipment.

Facilities Overview

Rented 1,500 sq ft office in New Delhi.

Capitalization Overview
Not Disclosed
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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