Profitable Debt Collection Agency Seeking Loan in Kuala Lumpur, Malaysia
Debt collection agency seeking investment for expansion with new hires to boost recovery revenues.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 247 thousand |
| Run Rate Sales | USD 356 thousand |
| EBITDA Margin | 20 % |
| Industries | Debt Collection Agencies |
| Locations | Kuala Lumpur |
| Local Time | 12:46 AM Asia / Kuala Lumpur |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
62 thousand
for
12.0%
annual interest,
3
years
(Native Currency: MYR 250,000)
Reason: Expansion of the debt collection agency business by hiring new staff. We are reinvesting our profits...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
24.7 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
The business is a debt collection agency seeking investment for expansion.
Recent monthly sales have declined to RM 120,000- RM 150,000 due to trust in a family friend managing operations. However, with new hires in field recovery and management, they anticipate revenues of RM 250,000 - RM 300,000 starting next month.
Last year, the agency reported a profit of RM 200,000.
Key services include account recovery, skip tracing, field visits, negotiation, real-time reporting, legal action referral support, pre-collection letters, credit assessments, dispute management, and client training.
We maintain a low permanent employee count, and our back office staff (14-16) are on a probationary basis.
Recent monthly sales have declined to RM 120,000- RM 150,000 due to trust in a family friend managing operations. However, with new hires in field recovery and management, they anticipate revenues of RM 250,000 - RM 300,000 starting next month.
Last year, the agency reported a profit of RM 200,000.
Key services include account recovery, skip tracing, field visits, negotiation, real-time reporting, legal action referral support, pre-collection letters, credit assessments, dispute management, and client training.
We maintain a low permanent employee count, and our back office staff (14-16) are on a probationary basis.
Products & Services Overview
Provides account recovery, skip tracing, field visits, negotiation, real-time reporting, legal action referral, pre-collection letters, credit assessments, dispute management, and client training.Have contracts with 3 non-banking lending companies and with 1 more contract expected to be signed this year.
Assets Overview
Office equipment, computers, printers, furniture, uniforms, and company mobile phones.Intangible assets include an Sdn Bhd entity witha MoF License for debt-collection activity.
Facilities Overview
Rented 1,100 sq ft facility in KL, Malaysia. We pay a monthly rent of RM 3,400.
Capitalization Overview
Has outstanding loans from a family friend. No detailed debt structure or ownership percentage provided.
Recent Activity
-
Earlier than 15 daysCo-Founder, Technology - Software Development, Kuantan, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysExecutive Director, Business Services, Singapore, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, Payment Services, Kuantan, Individual Investor / Buyer connected with the Business
Tags:
Profitable Debt Collection Agency Seeking Loan in Kuala Lumpur, Malaysia
·Profitable Debt Recovery Agency Seeking Loan in Kuala Lumpur, Malaysia
·Lend to Profitable Debt Collection Agency in Kuala Lumpur, Malaysia
·Lend to Profitable Debt Recovery Agency in Kuala Lumpur, Malaysia
·Profitable Debt Collection Agency Seeking Loan
·Profitable Debt Recovery Agency Seeking Loan
·Lend to Profitable Debt Collection Agency
·Lend to Profitable Debt Recovery Agency
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