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Travel Agency Seeking Loan in Chennai, India

Travel agency in Chennai is searching for a loan to deliver forex services to clients.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 14 thousand
EBITDA Margin 30 - 40 %
Industries Travel Agencies
Locations  Chennai
Local Time 8:32 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 12 thousand for 10.0% annual interest, 1 year (Native Currency: INR 1,000,000)
Reason: For RBI license and approval of the foreign exchange.
Collateral Available: USD 12 thousand
Includes physical assets worth USD 12 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Business is an end-to-end travel agency with an emphasis on forex services.

- Forex services haven't yet commenced as the business needs to get the license.

- Works in B2B and B2C space.

- L&T and DLF are some clients.

- Promoters have 6 years of experience in this field.

Products & Services Overview

Foreign exchange.

Travel.

Business management.

Insurance.

Visa.

Air tickets.

Holy land tours.

End to end travel solutions.

Facilities Overview

Rented office.

1st floor.

1800 sq ft.

At main road of arcot road Valasaravakkam.

Chennai.

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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