Stock Broking Company Seeking Loan in Chennai, India

Chennai based firm looking to setup online Forex Brokerage and Trading platform.

This Business is on a Premium Plan

Established	1-5 year(s)
Employees	2 - 5
Legal Entity	Private Limited Company
Reported Sales	USD 17 thousand
Run Rate Sales	USD 24 thousand
EBITDA Margin	3 %
Industries	Stock Broking
Locations	Chennai
Local Time	2:49 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Moderately Active

6.3 / 10

Compare with industry

Seeking Loan

USD 27 thousand for 12.0% annual interest, 15 years (Native Currency: INR 2,000,000)

Reason: For working capital of business.

Collateral Available: USD 0

Includes physical assets worth USD 140

Name, Phone, Email

Available after connect

Business Name

Available after connect

User Verification

Documents

Certificate of Incorporation (53.2 KB)

Audited Financial Results 2016-17 (352.4 KB)

Certified Valuation Copy (304.2 KB)

ROC-Verification.pdf (59.4 KB)

Business Overview

- This firm was started to setup an online Forex Brokerage and Trading company.

- We are able to consistently generate returns of 2% per month from Forex trading. This has prompted us to take our trading to the next level by setting up our own Forex brokerage.

- We have an experience of 2 years in the Forex trading and have been managing funds on behalf of 4 clients while providing them consistent returns of 1% per month.

- Half of the investment required for starting the brokerage will be contributed by the promoter.

- We need a loan / investment because we are currently trading our clients funds for their monthly returns and using them for our company expansion might jeopardize our ability to pay our clients their monthly returns on time.

Products & Services Overview

Forex trading.

Facilities Overview

Rented space of 400 Sq. Ft.

Recent Activity

Earlier than 15 days
Owner, Logistics, Chennai, Individual Investor / Buyer connected with the Business

Earlier than 15 days
Business sent a proposal to the Investor / Buyer
Earlier than 15 days
Owner, Media, Racine, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Director, Financials, Ahmedabad, Individual Investor / Buyer connected with the Business

Tags:

Stock Broking Company Seeking Loan in Chennai, India

Stock Trading Company Seeking Loan in Chennai, India

Lend to Stock Broking Company in Chennai, India

Lend to Stock Trading Company in Chennai, India

Stock Broking Company Seeking Loan in Madras

Stock Trading Company Seeking Loan in Madras

Lend to Stock Broking Company in Madras

Lend to Stock Trading Company in Madras

Stock Broking Company Seeking Loan

Stock Trading Company Seeking Loan

Lend to Stock Broking Company

Lend to Stock Trading Company

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

You might also be interested in these businesses

Frequently
Asked
Questions

Why can’t I see the business’ name or contact number? How do I contact the business?

All business profiles on SMERGERS are displayed on a “no name” basis to protect the confidentiality of the business. You can register as an investor, acquirer, lender or advisor on …read more
What level of due diligence does SMERGERS conduct on the businesses/member?

SMERGERS scrutinizes all profiles and only features a select group of businesses, investors, advisors that meet a basic requirement. When required, certain members may have submitted some form of proof …read more
How active are the business profiles listed on SMERGERS?

We regularly filter out businesses which are inactive or have already closed a transaction. Typically, if the business is actively looking to sell/raise capital, the status is shown in …read more
How does SMERGERS rate business profiles?

SMERGERS compares financial metrics of each business with various other private and publicly listed businesses from the same industry. SMERGERS also considers profile completeness, activity, trust level among members, and …read more
Do I need to pay to connect with a business?

The first two introductions are free, post that you will need to subscribe to one of our member plans. There are no other charges if you close a transaction. We …read more

Stock Broking Company Seeking Loan in Chennai, India

Frequently Asked Questions

Frequently
Asked
Questions