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Vehicle Rental Business Seeking Loan in Bangalore, India

Rental vehicle services provider having 10 corporate clients and serving 6 clients on a weekly basis.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 21 thousand
Run Rate Sales USD 24 thousand
EBITDA Margin 10 %
Industries Vehicle Rental
Locations  Bangalore
Local Time 9:47 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 20 thousand for 10.0% annual interest, 3 years (Native Currency: INR 1,500,000)
Reason: Purchase of vehicles. Mostly car, van or mini buses.
Collateral Available: USD 0
Includes physical assets worth USD 7 thousand
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Business Overview

- We provide vehicles on rent to our clients. Vehicles are - car, scooter, trucks, buses.

- We own 3 vehicles and other vehicles are taken from friends and relatives as and when required.

- Have tie ups with 10 corporate clients.

- We serve 5 - 6 customers on a weekly basis.

- Owner has 2+ years of industry experience.

Products & Services Overview

- We provide vehicles on rent to our clients.

Facilities Overview

Commercial area of 1,000 Sq Ft.

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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