Vehicle Rental Company Seeking Loan in Bangalore, India
- We are a bike rental company offering monthly rental services in Bangalore.
- Have served over 3,000 monthly subscription customers so far.
- Company has close to 1000 bikes and we have a utilization rate of 97%.
- We have been recognized by Inspiration Unlimited Magazine in their articles.
- Company has raised seed funding round in 2018.
- Looking for investment for investors to purchase bikes.
- Investor would have to take a minimum loan of INR 3.6 Lakhs and make a downpayment of INR 72,000 for the same.
This will be used to purchase 5 bikes.
- Investor would receive INR 2,412 per month per bike from us and would have to service the loan.
- This arrangement would be for 3 years. Post that ownership of those 5 bikes would be transferred to the investor.
Total of 14 bike models available for 1, 3, 6 or 12 months rent.
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with this business
Earlier than 15 daysManaging Director & CEO, Web & Mobile Application Development, Bangalore, Individual Investor / Buyer accepted business proposal
Earlier than 15 daysMD, Bangalore, Financial Advisor connected with this business