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Recruitment Agency Seeking Loan in Noida, India

Human resource consultancy firm with 50+ company tie-ups seeks loan to expand.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 14 thousand
EBITDA Margin 30 - 40 %
Industries Recruitment Agencies
Locations  Noida
Local Time 6:58 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 117 thousand for 10.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: To expand the business and add a vertical for training of employees to place them efficiently.
Collateral Available: USD 5.8 thousand
Includes physical assets worth USD 2.34 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- Business is a 10 year old staffing and consultancy firm.
- We have tie-ups with 50+ companies such as Tata Group, Just Dial, Nerolac Paints, etc. pan India to provide them with human resources.
- Most of the companies are manufacturing firms.
- They outsource their recruitment needs to us and we screen relevant employees for them.
- We charge an 8.3% commission from the employer on every person placed.
- In a month, we place around 100 people.
- Seeking funds to expand the operations and add training of employees before placing them.
Products & Services Overview
Services of staffing, manpower outsourcing and payroll management.
Assets Overview
We own the office infrastructure and supplies.
Facilities Overview
We have a rented office in Noida.
Capitalization Overview
Not Disclosed
Recent Activity
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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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