Profitable Consumer Leasing Company Seeking Loan in Melbourne, Australia
|Employees||2 - 5|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 1 - 2 million|
|Run Rate Sales||USD 1.6 million|
|EBITDA Margin||20 - 30 %|
|Industries||Consumer Leasing + 1 more|
|Local Time||6:52 AM Australia / Melbourne|
|Listed By||Business Owner / Director|
- We 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 over AUD 1,200k 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 1,000k bonds transacted per annum at an average of AUD 1,700 per bond.
- We are the market leader in providing financial assistance to Australian renters.
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.
We have intellectual property, cash from receivables and general goodwill in the marketplace.
Leased 50 sq ft office space in Melbourne, that will continue to act as operational headquarters.
Funded from initial round of "family and friends" investment.
Currently 100% owned by founders - two partners who are old school friends and well known to each other.
Earlier than 15 daysManaging Director, Brisbane, Financial Consultant connected with the Business
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
Earlier than 15 daysBusiness Development Head, Ethis Investment Platform LLC, Muscat, Financial Institution connected with the Business