Personal Loans Company Investment Opportunity in Lagos, Nigeria
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 500 thousand |
Run Rate Sales | USD 360 thousand |
EBITDA Margin | 13 % |
Industries | Personal Loans |
Locations | Lagos |
Local Time | 11:09 AM Africa / Lagos |
Listed By | Business Owner / Director |
Status | Active |
Within 3 years of establishment:
- The company has been able to disburse over NGN 500M in loans with Over NGN 200M from investors and Partners.
- Work with Real Estate companies to facilitate loan approvals for landed assets.
- With over 200 regular clientele with prospects of over 500 new clients yearly.
- Revenue model of 15% interest on every loan disbursed.
- The run rate sales this year have dropped due to the economic downturn faced in Nigeria.
- We have the necessary license issued by the Lagos State Government Ministry of Home Affairs to operate the business.
Our loan company provides short-term financing solutions secured by high-value assets. Our accepted collateral includes luxury watches from esteemed brands like Rolex, AP, Patek, and Richard Mille e. t. c, gold and diamond jewelry, cars manufactured between 2010 and 2024 from prestigious brands like Toyota, Mercedes Benz, Land Rovers, and Rolls-Royce, and luxury real estate properties. Our loans have a term of 1-6 months, and we currently serve a select clientele of around 50-60 individuals and businesses.
One Toyota Camry 2010 (marketing)
1000 Sqm land for parking.
5KVA Petrol Generator.
3- 1.5HP Inverter AC.
7 Executive Chairs.
8 Office Phones.
8 Office Laptops.
Our headquarters is located in Lagos, Nigeria. We operate a rented office space.
The business is funded by investors and proprietors.
Investors are paid ROI on a quarterly basis.
The ownership is shared by a 60/40 ratio.
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1 week, 4 days agoConsultant, Management Consulting, Montreal, Individual Investor / Buyer connected with the Business