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 15 thousand
Run Rate Sales	USD 22 thousand
EBITDA Margin	3 %
Industries	Stock Broking
Locations	Chennai
Local Time	7:44 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

6.9 / 10

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Seeking Loan

USD 24 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 120

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.

Capitalization Overview

Not Disclosed

Recent Activity

2 weeks, 1 day ago
Financial Service Consultant, Limassol, Financial Consultant connected with the Business
Earlier than 15 days
Director, Business Consulting, Bangalore, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Owner, Logistics, Chennai, Individual Investor / Buyer connected with the Business

Tags:

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Stock Broking Company Seeking Loan in Chennai, India

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