Recruitment Agency Seeking Loan in Patna, India
Established Patna-based recruitment agency with 5-6 clients, seeks funding to expand clientele and training facility.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 118 thousand |
| Run Rate Sales | USD 30 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Recruitment Agencies |
| Locations | Patna |
| Local Time | 4:00 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
23.6 thousand
for
10.0%
annual interest,
7
years
(Native Currency: INR 2,000,000)
Reason: Seeking funding for expansion of clientele and start a training facility for the candidates.
Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(337.1 KB)
Business Overview
- The business is recognized as one of the accomplished and reputed recruitment and manpower agencies in Patna, Bihar, specializing in outsourcing, HR recruitment, and payroll services.
- Provides a wide range of employment services including manpower recruitment, career consulting, and HR services, tailored for job seekers and organizations seeking to relocate.
- Maintains an efficient database of candidates across India, effectively catering to the manpower needs of various industries.
- The agency serves 5-6 clients primarily based in Bihar, Jharkhand, and Orissa, across sectors including pharmaceuticals, healthcare, courier services, and IT.
- Operates on a commission-based revenue model, charging clients between 3.65% to 3.85% of the candidate's package.
- Experienced a drop in sales compared to the previous year as the business had to hold operations for a few months due to payment delays.
- The business needs 6 permanent employees to run the business operations, employed in admin, marketing, operations and counselling.
- The business is fully compliant with regulations, holding registrations with GST, MSME, and Startup India.
- Provides a wide range of employment services including manpower recruitment, career consulting, and HR services, tailored for job seekers and organizations seeking to relocate.
- Maintains an efficient database of candidates across India, effectively catering to the manpower needs of various industries.
- The agency serves 5-6 clients primarily based in Bihar, Jharkhand, and Orissa, across sectors including pharmaceuticals, healthcare, courier services, and IT.
- Operates on a commission-based revenue model, charging clients between 3.65% to 3.85% of the candidate's package.
- Experienced a drop in sales compared to the previous year as the business had to hold operations for a few months due to payment delays.
- The business needs 6 permanent employees to run the business operations, employed in admin, marketing, operations and counselling.
- The business is fully compliant with regulations, holding registrations with GST, MSME, and Startup India.
Products & Services Overview
Primary services provided are recruitment and manpower.Top employment roles are delivery executives and computer operators.
Clients are from various industries such as pharmaceuticals, health, courier services, and IT.
Assets Overview
The business has no physical assets of significant, most of the office equipment is outsourced.
Facilities Overview
Operating from a rented facility of 800 - 1,000 sq ft, located in Sharif Rd, Patna.Rent is INR 15k/month.
The registered location on MCA is Ranchi, but the business is located in Patna.
Capitalization Overview
Business is self-funded.No outstanding loans.
There are 2 shareholders in the business.
Recent Activity
-
Earlier than 15 daysSales And Marketing Specialist, Computers And Electronics Manufacturing, Patna, Individual Investor / Buyer connected with the Business
Tags:
Recruitment Agency Seeking Loan in Patna, India
·Placement Service Seeking Loan in Patna, India
·Job Consultancy Seeking Loan in Patna, India
·Lend to Recruitment Agency in Patna, India
·Lend to Placement Service in Patna, India
·Lend to Job Consultancy in Patna, India
·Recruitment Agency Seeking Loan
·Placement Service Seeking Loan
·Job Consultancy Seeking Loan
·Lend to Recruitment Agency
·Lend to Placement Service
·Lend to Job Consultancy
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
1 Investor contacted this Business this month.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 116,500+ 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