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IT Services Business Seeking Loan in Malé, Maldives

IT Services and security firm in Maldives planning to expand the business into real estate.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 30 thousand
Run Rate Sales USD 30 thousand
EBITDA Margin 25 %
Industries IT Services + 1 more
Locations  Malé
Local Time 12:02 AM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 10 million for 18.0% annual interest, 15 years (Native Currency: USD 10,000,000)
Reason: To expand the business into residential real estate construction. The funds will be used for marketi... View More
Collateral Available: USD 10 million
Includes physical assets worth USD 5 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Startup business in Maldives offering digital advertising, technology solutions, IT services, cybersecurity services to businesses, companies and offices.

- Have completed 70 networking and cybersecurity projects since inception.

- We have 10 clients on annual maintenance contracts for IT services.

- We have a lot of good opportunities and demand for residential construction projects in Maldives mainly due to tourism.

- Planning to expand the business into real estate construction projects and need funds for that.

- We are in the process to hire designers, marketing team to start the real estate division.

- Business owns servers, computers, furniture.

Products & Services Overview

- We offer services such as digital advertising, technology solutions, IT services, cybersecurity to businesses, companies and offices.

- Planning to expand the business into real estate construction and sales.

Facilities Overview

We have an average office space on rent that is suitable for our business.

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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