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Web & Mobile Development Business Seeking Loan in Surat, India

Established IT leader in Surat with 30+ clients, funding needed for project completion.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 25.6 thousand
Run Rate Sales USD 42 thousand
EBITDA Margin 25 %
Industries Web & Mobile Development
Locations  Surat
Local Time 7:49 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.7 thousand for 10.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: We need this funding to complete a project.
Collateral Available: USD 0
Includes physical assets worth USD 20 thousand
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Business Name
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Business Overview
- Industry leadership: recognized as one of the best IT companies in Surat, Gujarat, specializing in web and mobile development services.
- Diverse clientele: successfully partnered with over 30 clients across various sectors, including education, transportation, healthcare, and security, showcasing the company's versatility and industry expertise.
- Current engagements: currently managing projects for 7 active clients, demonstrating ongoing demand for services and strong client relationships.
- Skilled workforce: operates with a dedicated team of 10 employees, fostering a collaborative environment focused on delivering high-quality solutions.
- Regulatory compliance: registered with an MSME certificate, indicating compliance with government regulations and eligibility for various benefits and support initiatives.
Products & Services Overview
The business's top-selling services:
- Web and mobile app development.
Businesses in education, transportation, healthcare and security industries are our clients.
Assets Overview
Tangible assets: 10 high configuration computers and the office set up.
These assets are crucial for our operations and cannot be liquidated.
Facilities Overview
Operates out of an owned 2,000 sq ft office in Surat, Gujarat.
Capitalization Overview
The business has no loans and has 2 partners with equal shares.
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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