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Mobile App Seeking Loan in Davao City, Philippines

Smartphone application that offers services to customers through local business partners and freelancers.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 30 %
Industries Mobile Apps
Locations  Davao City
Local Time 8:13 PM Asia / Manila
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 170 thousand for 20.0% annual interest, 2 years (Native Currency: PHP 10,000,000)
Reason: We want to expand the business operation nationwide, use the funds for marketing, hire more develope... View More
Collateral Available: USD 120 thousand
Includes physical assets worth USD 160 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Business Permit
SEC Certification
Mobile App
Flyer
Company Team
Marketing
The Core Team
Business Overview

- Davao City-based start-up company with a mobile app that offers local services to customers.

- We are in the early stage of operations and we are currently operational in Davao City.

- Have 40K app users, more than 20 businesses and over 1,000 freelancers registered on our platform.

- Freelancers Services - Users can book house cleaning, plumbing, electrician and other home services using our app.

- Mobile Recharge Feature - Users can buy load for mobile phones.

- Food Delivery - Users can order food through the app.

- Loan - Users can apply for a pension, collateral and business loan through the app.

- Local Services - Users can book an appointment or home service with their favourite service providers in the city.

- Some of the key features are:

* Fast and easy search services: Customers can book local services in their area or look for individual skilled workers.

* Huge database for service providers all over the Philippines: We've partnered with local services and top freelancers to ensure we have all the services that users are looking for.

* Rebates and loyalty rewards: Get more rebates and rewards by booking and using more services.

* Top-skilled workers: Have the ease of comparing the quality of service of our partnered freelancers and local services by looking at their ratings.

* Real-time alerts/notification: Do not miss upcoming discounts offer for local services or a local business that promotes their business in our app.

- Our mobile app at Google Play Store has more than 100 downloads with a 5-star rating.

- We have Android, iOS and Huawei mobile app versions.

- Promoter has more than 5 years of experience in this industry.

- Physical assets include building, Lots, furniture's, devices, vehicles.

Products & Services Overview

We have developed a mobile app to offer freelancing services and we also partnered with local businesses in Davao City to offer their services to customers through our mobile application. We plan to take the business national this year and hopefully, enter the global market next year.

Assets Overview

Own office of 200 sq. meters, 3 company cars, 20 sets of computers, 20 motorcycles for delivery, the application itself is an asset.

Facilities Overview

We have our own office (small building) of 200 sqm with 3 rooms, a toilet, lobby, balcony, a kitchen and parking space here in Davao City.

Capitalization Overview
Not Disclosed
Recent Activity
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2 Investors viewed this Business this month.
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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.
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