Telecom Carriers Company Seeking Loan in Dubai, United Arab Emirates

- One of the leading telecom partners in the UAE.

- Currently representing du - EITC telecom in more than 30 licensed outlets.

- Started the business with 5 direct sales people but now we have developed 5 verticals of telecom business.

1) Express kiosks.

2) Franchise stores.

3) Telesales.

4) Direct sales.

5) Corporate business.

- The individual post-paid plans range from AED 150-1,000 and pre-paid plans range from AED 10 - 100. The business corporate connection (internet, landline, and wifi connection) price ranges from AED 100 - 25,000. We also do provide international calling and roaming.

- We are the channel partner of a branded telecom and they directly handle customer support. The average response time for resolving customer issues is 1-3 days.

- Do not charge any additional fees or charges such as activation fees, or early termination fees.

- We generate revenue by selling sim cards, and internet/wifi to the customers.

Telecom services catering to consumer and corporate clients.

We are a service industry, and we do not have many tangible assets except for furniture and desktops.

Intangible- bank guaranty and the receivables from the telecom operator.

We have 30 rented locations for our business. Also, have a corporate office of around 3,500 sqft. It is located in the center of the city. The annual rent of the corporate office is AED 300,000.

- Company has four partners including the local agent with 84%, 10%, 5%, and 1% shareholding.

- The business has a debt of AED 1.5 million.