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Web & Mobile Development Business Seeking Loan in Selangor, Malaysia

Startup company with 3 full stack developers specializing in application development and API integration.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 50 thousand
EBITDA Margin 30 %
Industries Application Software + 1 more
Locations  Selangor
Local Time 6:50 AM Asia / Kuala Lumpur
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 13 thousand for 5.0% annual interest, 2 years (Native Currency: MYR 60,000)
Reason: - Require funds for operational expenses and also for marketing purposes. - We need short-term fund... View More
Collateral Available: USD 0
Includes physical assets worth USD 2 thousand
Interested to connect with advisors
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Business Overview

- Company is based and operates from an office in Bandar Puncak Alam, Selangor, Malaysia.

- We are specialists in web application development and API integration.

- Now our main clients are more Product Owner that wants to automate and digitalize their business and management.

- We are working with 4-5 clients at the moment.

- In 2021, unofficially before we run this company, we already manage about RM35 million sales transactions through our system that manages 5 main clients.

- Company has no loans and has a single owner.

- Owner has a lot of experience in this field.

- We have 3 full-stack developers, 1 web developer, 1 accountant, and 1 admin.

Products & Services Overview

Agent management system (automate business)

E-commerce web apps.

HRM.

CRM.

Corporate website.

Online point of sales.

Inventory system.

Database system.

Affiliate & referral system.

Assets Overview

Tangible assets:

- MacBook Air x 1.

- Laptops x 3.

- Office desks x 5.

Facilities Overview

We operate from a rented office (1,650 sq ft) at Bandar Puncak Alam, Selangor with a monthly rental fee of RM 800.

Capitalization Overview

The founder used their personal savings to start the business and they need funds from an investor to grow this business.

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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