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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 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 14.5 thousand
Run Rate Sales USD 21 thousand
EBITDA Margin 3 %
Industries Stock Broking
Locations  Chennai
Local Time 8:10 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 23 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 115
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
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.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    CEO / Promoter, Software, Chennai, Corporate Investor / Buyer connected with the Business
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant connected with the Business
  • Earlier than 15 days
    Financial Service Consultant, Limassol, Financial Consultant connected with the Business
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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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