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Web & Mobile Development Company Seeking Loan in Chennai, India

Web and mobile application development company with 25 clients seeks a loan.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales INR 10 lakh
Run Rate Sales INR 12 lakh
EBITDA Margin 40 %
Industries Web & Mobile Development
Locations  Chennai
Local Time 1:24 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
INR 10 lakh for 10.0% annual interest, 5 years (Native Currency: INR 1,000,000)
Reason: Need funds for product development.
Collateral Available: INR 0
Includes physical assets worth INR 3 lakh
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Company involved in web and mobile applications.
- Currently catering our services to 25 clients from multiple industries.
- Have completed over 50 projects to date.
- The promoter has 15 experience in this industry.
- Company is registered in Thiruvannamalai but the operations are based out of Chennai.
Products & Services Overview
Company involved in the development of the website and mobile application.
Assets Overview
Tangible assets include office furniture and 3 laptops.
Facilities Overview
Office area in a co-working place with a monthly rent of INR 10,000/-.
Capitalization Overview
- The business is funded through personal funds.
- Company has 2 directors with equal shareholding and has no debts or liabilities.
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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