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Web & Mobile Development Company Seeking Loan in Colombo, Sri Lanka

Colombo based firm offering custom application, web, and mobile application development services.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 22 thousand
Run Rate Sales USD 32 thousand
EBITDA Margin 8 %
Industries Enterprise Software + 1 more
Locations  Colombo
Local Time 6:21 PM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 100 thousand for 8.0% annual interest, 3 years (Native Currency: USD 100,000)
Reason: The funds will be used to develop our own enterprise software solution for managing and improving th... View More
Collateral Available: USD 10 thousand
Includes physical assets worth USD 10 thousand
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Business Overview

- Offer custom application, web, and mobile application development services.

- Have completed around 90 projects so far of which around 80 were applications for Android platforms.

- Primarily offer services to SME businesses in Sri Lanka.

- Have around 15 regular clients.

- Intend to develop our own enterprise solution for supply chain management.

- Promoter has 9 years of experience in the IT solutions space and has worked on developing multiple enterprise solutions for F500 clients.

Products & Services Overview

Web and mobile application development, custom application development, enterprise software development.

Facilities Overview

Leased office space of 1,800 sq. ft. Monthly lease rent of LKR 30,000 (USD 165)

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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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