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Staffing Business Seeking Loan in Kochi, India

Company providing contract staffing for corporate companies and HR outsourcing services seeks loan.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 70 - 80 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 20 - 30 %
Industries Staffing
Locations  Kochi
Local Time 10:13 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 240 thousand for 9.0% annual interest, 3 years (Native Currency: INR 20,000,000)
Reason: Need funds for business expansion.
Collateral Available: USD 700 thousand
Includes physical assets worth USD 24 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Started 15 years ago, our company is a veteran in innovative HR solutions, connecting human capital to the benefit of the business.

- We serve both large and small organizations across all industry sectors viz: retail, telecom, broadband, logistics, manufacturing, healthcare, and hospitality.

- The promoter has over 15 years of experience in this industry.

Products & Services Overview

Contract staffing.

Data management.

Statutory compliance.

Payroll processing.

HR audit.

PF and ESIC registration.

Assets Overview

We have furniture for approximately 20 staff.

Facilities Overview

We are functioning in our own working space with a built-up area of approx 2,000 sq ft which is not part of the transaction.

Capitalization Overview

- We are funded with OD from Banks.

- There are two partners at present.

- We are having an OD limit of INR 2.5 Crores.

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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