Profitable IT Consultancy Company Seeking Loan in Milan, Italy
IT consulting firm with an online marketplace division is seeking a loan to expand operations.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 115 thousand |
| Run Rate Sales | USD 138 thousand |
| EBITDA Margin | 30 % |
| Industries | IT Consultancy |
| Locations | Milan |
| Local Time | 8:00 AM Europe / Rome |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
580 thousand
for
10.0%
annual interest,
5
years
(Native Currency: EUR 500,000)
Reason: We are looking to acquire a company for which we require a sum of EUR 300,000. We require EUR 200,00...
View More
Collateral Available: USD 580 thousand
Includes physical assets worth
USD
34.5 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- IT consulting firm that has recently launched online marketplaces for general items, agricultural goods, and automobiles.
- Online marketplace is a nascent division and we earn the majority of our revenue through IT consulting.
- Clients have to subscribe to our marketplaces to partake in buying and selling any good.
- Our market places receive close to 300 daily visitors.
- IT consulting business has 4 clients.
- One of the clients is a government agency which pays us on a quarterly basis.
- Private sector clients pay us on a monthly basis in accordance with the contracts.
- The promoter was successfully running an IT consultancy for 5 years and has now established this company to expand to online marketplaces.
- Online marketplace is a nascent division and we earn the majority of our revenue through IT consulting.
- Clients have to subscribe to our marketplaces to partake in buying and selling any good.
- Our market places receive close to 300 daily visitors.
- IT consulting business has 4 clients.
- One of the clients is a government agency which pays us on a quarterly basis.
- Private sector clients pay us on a monthly basis in accordance with the contracts.
- The promoter was successfully running an IT consultancy for 5 years and has now established this company to expand to online marketplaces.
Products & Services Overview
IT consulting services; online marketplaces for automobiles, general goods, agricultural goods.
Assets Overview
18 computers, 4 laptops, office furniture.
Facilities Overview
Rented office space of 400 sq. m. at a rent of EUR 3,000 per month.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Kathmandu, Financial Consultant connected with the Business
-
Earlier than 15 daysManaging Partner, Dallas, Financial Consultant connected with the Business
-
Earlier than 15 daysCo - Founder, Rome, M&A Advisor connected with the Business
Tags:
Newly Established Technology Consulting Company Seeking Loan in Milan, Italy
·Newly Established System Integration Company Seeking Loan in Milan, Italy
·Lend to Newly Established Technology Consulting Company in Milan, Italy
·Newly Established IT Consultancy Company Seeking Loan in Milan, Italy
·Lend to Newly Established System Integration Company in Milan, Italy
·Newly Established Agriculture Company Seeking Loan in Milan, Italy
·Lend to Newly Established IT Consultancy Company in Milan, Italy
·Lend to Newly Established Agriculture Company in Milan, Italy
·Newly Established Technology Consulting Company Seeking Loan
·Newly Established System Integration Company Seeking Loan
·Lend to Newly Established Technology Consulting Company
·Newly Established IT Consultancy Company Seeking Loan
·Lend to Newly Established System Integration Company
·Newly Established Agriculture Company Seeking Loan
·Lend to Newly Established IT Consultancy Company
·Lend to Newly Established Agriculture Company
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
8 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
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.
You might also be interested in these businesses