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Web & Mobile Development Company Seeking Loan in Dhaka, Bangladesh

Website and software development company having own ERP software seeks business loan for expansion.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 9 thousand
Run Rate Sales USD 11 thousand
EBITDA Margin Operating at loss
Industries Enterprise Software + 1 more
Locations  Dhaka
Local Time 2:22 PM Asia / Dhaka
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 90 thousand for 10.0% annual interest, 8 years (Native Currency: BDT 10,000,000)
Reason: We are looking for rapid expansion. We do have a good potential customer base but require funding fo... View More
Collateral Available: USD 100 thousand
Includes physical assets worth USD 180 thousand
Interested to connect with advisors
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Business Overview

- Startup software development company based out of Dhaka.

- We develop website, app, software for clients also have our own educational institute management software.

- Have done projects for 20 clients till date. This includes private and Govt projects.

- Working on 2 Govt projects for water meter reading and railway gate automation.

- We have over 100 clients for our educational institute management ERP software.

- Generate revenue by charging a monthly fee and one-time implementation fee.

- Majority of the revenue is from ERP software followed by software development projects for clients.

- Have invested a lot of money in product development, as a result, we are operating at a loss. Expected to reach break-even in a few months.

- Business owns office, furniture, computers, laptops, website, software.

Products & Services Overview

- We design, develop website, app, software for clients along with graphics designing, photographic clipping services.

- Developed our own educational institute management software.

- Working on 2 Govt software development projects.

Facilities Overview

Own office space with a total built-up area of 2,060 sqft (1,375 sqft is on 12th floor and 685 sqft on 4th floor).

Capitalization Overview
Not Disclosed
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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