Profitable Consumer Leasing Company Seeking Loan in Melbourne, Australia
We provide short term finance to residential tenants and looking for finance partner.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1 - 2 million |
| Run Rate Sales | USD 1.7 million |
| EBITDA Margin | 20 - 30 % |
| Industries | Consumer Leasing + 1 more |
| Locations | Melbourne |
| Local Time | 5:02 AM Australia / Melbourne |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
700 thousand
for
12.0%
annual interest,
3
years
(Native Currency: AUD 1,000,000)
Reason: We are a consumer finance business and we need a loan to expand marketing and grow the loan book.
Collateral Available: USD 280 thousand
Includes physical assets worth
USD
280 thousand
Interested to connect with advisors
Documents
Domain-Verification.pdf
(212.8 KB)
Business Overview
- Have proven the demand for our products in the residential rental market across Australia with over 1,000 renters using our products.
- We have lent almost AUD 1.2 million to Australian renters and are now looking to open new partnerships and increase marketing.
- The rental bond market is huge, and with increased cash flow burdens, the addressable market for a financial service in this sector is growing daily. In the eastern states of Australia alone, there are approximately 1 million bonds transacted per annum at an average of AUD 1.7k per bond.
- We are the market leader in providing financial assistance to Australian renters.
- We have lent almost AUD 1.2 million to Australian renters and are now looking to open new partnerships and increase marketing.
- The rental bond market is huge, and with increased cash flow burdens, the addressable market for a financial service in this sector is growing daily. In the eastern states of Australia alone, there are approximately 1 million bonds transacted per annum at an average of AUD 1.7k per bond.
- We are the market leader in providing financial assistance to Australian renters.
Products & Services Overview
- Short-term finance to assist with payments of rental bonds.- Short-term finance to give renters a "rental holiday"
- Connection of utilities for residential renters.
Introduction to car loan financiers.
Assets Overview
We have intellectual property, cash from receivables and general goodwill in the marketplace.
Facilities Overview
Leased 50 sq ft office space in Melbourne, that will continue to act as operational headquarters.
Capitalization Overview
- Funded from initial round of "family and friends" investment.- Currently, 100% owned by founders - two partners who are old friends from school and know each other well.
Recent Activity
-
Earlier than 15 daysManaging Director, Debt Collection Service, Melbourne, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCo Founder, Rental Solutions, Sydney, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, Property Development, Melbourne, Corporate Investor / Buyer connected with the Business
Tags:
Profitable Real Estate Rental Company Seeking Loan in Melbourne, Australia
·Profitable Consumer Leasing Company Seeking Loan in Melbourne, Australia
·Lend to Profitable Real Estate Rental Company in Melbourne, Australia
·Lend to Profitable Consumer Leasing Company in Melbourne, Australia
·Profitable Real Estate Rental Company Seeking Loan
·Profitable Consumer Leasing Company Seeking Loan
·Lend to Profitable Real Estate Rental Company
·Lend to Profitable Consumer Leasing Company
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