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Staffing Company Seeking Loan in Bangalore, India

Bangalore-based business involved in staff augmentation and training is searching for a business loan.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 8 - 9 million
Run Rate Sales USD 10 million
EBITDA Margin 10 - 20 %
Industries Staffing + 1 more
Locations  Bangalore
Local Time 2:32 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 700 thousand for 12.0% annual interest, 8 years (Native Currency: INR 60,000,000)
Reason: Business expansion and to achieve 4 times the numbers in training so that our profit margin drastica... View More
Collateral Available: USD 0
Includes physical assets worth USD 60 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview

- Incorporated in 2010.

- NSDC Partner for Skill India Projects.

- Adopted first in kind Train – Hire – Deploy model.

- Current clients include: DXC, Hewlett Packard, Mphasis, First Advantage, IBM, Future Group, Shopper Stop, Dabur, Sabre, IN4 Velocity, Godrej, Unisys, Metro.

- Promoter is an MBA graduate from Adam Smith University, USA.

- He has 15 years of experience in various sectors, viz. , Service sector, Retail & Project Management.

- Business is a part of Skill India projects and has received an appreciation letter from NSDC.

Products & Services Overview

Staff augmentation, skill development and IT Services.

Assets Overview

Laptops, computers, car, furniture, electronic goods, generator, UPS.

Facilities Overview

Approx. 5,000 sq ft plug and play office has been hired on rental basis, we have installed all security systems viz. CCTV, biometric punch-in card system and the server.

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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