Vehicle Rental Business Seeking Loan in Mangalore, India
Vehicle rental company established in Mangalore seeks a business loan.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 22 thousand |
| Run Rate Sales | USD 32 thousand |
| EBITDA Margin | 10 % |
| Industries | Vehicle Rental |
| Locations | Mangalore |
| Local Time | 3:41 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
30 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 2,500,000)
Reason: We are seeking a loan for working capital expenses and repaying previous loans.
Collateral Available: USD 0
Includes physical assets worth
USD
12 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- We are a taxi service company.
- Pre-Covid we used to get 7-8 orders on a daily basis. Currently, we get 3-4 orders which are expected to increase as the economy re-opens.
- We have 3 vehicles that are owned by the business and also have tie-ups with 4 third-party vendors.
- The company has only one promoter.
- Business has taken a loan previously during Covid and the outstanding amount is INR 15 lakhs.
- We also have our own website and have a good client base from where we get repeated bookings.
Products & Services Overview
We are a taxi and car rental company.
Assets Overview
Physical assets include 3 vehicles which are owned by the company.
Facilities Overview
Currently the business is being operated from home.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysIndependent Advisor, Hyderabad, Financial Consultant connected with the Business
Tags:
Vehicle Rental Business Seeking Loan in Mangalore, India
·Bike Rental Business Seeking Loan in Mangalore, India
·Car Rental Business Seeking Loan in Mangalore, India
·Lend to Vehicle Rental Business in Mangalore, India
·Vehicle Rental Business Seeking Loan in Mangaluru
·Lend to Bike Rental Business in Mangalore, India
·Lend to Car Rental Business in Mangalore, India
·Bike Rental Business Seeking Loan in Mangaluru
·Car Rental Business Seeking Loan in Mangaluru
·Lend to Vehicle Rental Business in Mangaluru
·Lend to Bike Rental Business in Mangaluru
·Lend to Car Rental Business in Mangaluru
·Vehicle Rental Business Seeking Loan
·Bike Rental Business Seeking Loan
·Car Rental Business Seeking Loan
·Lend to Vehicle Rental Business
·Lend to Bike Rental Business
·Lend to Car Rental Business
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