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Businesses Seeking Loan in Nidadavolu

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Edutech Startup Seeking Loan in Nidadavolu, India

EMACET exam preparation provider seeks funds for marketing.
Online platform specializing in EMACET preparation, providing a diverse array of practice questions, mock tests, and study resources. - Target consumers are pre-universities and 12th-grade students in AP and Telangana aiming to enter engineering colleges through the EMACET exam. - Promoters boast over 4 years of experience in the field and have obtained necessary licenses, incorporation, and GST. - Offers mock tests and exams for purchase, alongside a wide range of services tailored to the needs of 12th-grade students. - The company is currently negotiating with 2-3 local pre-universities for product procurement, with each contract estimated at a value of INR 2 lakhs. Once these deals are secured, we will be able to smoothly pay the interest on the loans.
6.2   Nidadavolu
Run Rate Sales
USD 10.6 thousand
EBITDA Margin
Nil
Business Loan
USD 35.4 K at 10%
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Steel Company Seeking Loan in Andhra Pradesh, India

Seeking business loan: Manufacturer and supplier of steel strapping & packaging for engineered goods segment.
Our unit commenced production in January 2020 and produces strapping goods as per ASTM standards. - We achieved manufacturing capacity of 12,000 tons in 2020 but the plant has a capacity of 24,000 tons per annum of high tensile steel strapping and 36 million seals. - 85 percent of our revenue is from producing and supplying high tensile strapping and the rest is from regular duty strappings and seals. - We supply goods in the domestic market to Steel Authority of India (SAIL) & Rashtriya Ispat Nigam Limited (RINL) along with over 120 small and large clients. All our products export to North America, Europe, Middle East, and Australasia as well. We hold no contract with these buyers but simply meet their purchase orders. - We are supplied with raw materials and working capital for production from JSW and Tata Steel. We possess no contracts with them either. - We have quality assurance laboratory established with computer controlled tensile, harness and corrosion testing machines. - Our company follows environment friendly practices by minimising emissions. We have tie-ups with 2 logistics firms for supply of products. There is no contract and the commission depends on the destination and volume. - The business invested heavily on building a suitable infrastructure during the first of operation due to which we did not exploit our complete production capacity nor did we take many purchase orders. This year due to a complete focus on production and increased demand, we increased our sales.
7.2   Andhra Pradesh
Run Rate Sales
USD 283 thousand
EBITDA Margin
8 %
Business Loan
USD 590 K at 12%
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Enterprise Software Company Seeking Loan in Andhra Pradesh, India

ERP business that has tied up with 400 educational institutions and served 1,000+ clients is seeking a loan.
Offer ERP solutions, aids in the development of applications and offers consultation to businesses. More than 90% of the business' revenue comes from providing ERP solutions, specifically, to the education sector. - We have currently tied up with over 300 - 400 schools and colleges in 6 states across south India. Some institutions that we have tied up with include Achariya College of Engineering Technology in Pondicherry, Tapasya Education Institutions, Ramadevi Public School in Hyderabad and many more. - The business enters into long term agreements with their clients and their clients provide recurring yearly payments. - We have served over 1,000+ educational institutions till date. - Our ERP solutions are priced on the basis of the number of users and modules. On average, the prices range from INR 150 to INR 250 per student. - The value of the physical assets involved in the transaction includes the owned premises, internal furnishings, computer systems, servers. - Promoter is willing to offer his personal property as a collateral for the loan. The value of this property is around INR 70,00,000. - Business has an outstanding debt of INR 30,00,000 to INR 40,00,000 with an interest rate of 14% to 15%. The new loan won't be used as a top up.
8   Andhra Pradesh
Run Rate Sales
USD 71 thousand
EBITDA Margin
35 %
Business Loan
USD 59 K at 13%
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Enterprise Software Company Seeking Loan in Andhra Pradesh, India

ERP business that has tied up with 400 educational institutions and served 1,000+ clients is seeking a loan.
Offer ERP solutions, aids in the development of applications and offers consultation to businesses. More than 90% of the business' revenue comes from providing ERP solutions, specifically, to the education sector. - We have currently tied up with over 300 - 400 schools and colleges in 6 states across south India. Some institutions that we have tied up with include Achariya College of Engineering Technology in Pondicherry, Tapasya Education Institutions, Ramadevi Public School in Hyderabad and many more. - The business enters into long term agreements with their clients and their clients provide recurring yearly payments. - We have served over 1,000+ educational institutions till date. - Our ERP solutions are priced on the basis of the number of users and modules. On average, the prices range from INR 150 to INR 250 per student. - The value of the physical assets involved in the transaction includes the owned premises, internal furnishings, computer systems, servers. - Promoter is willing to offer his personal property as a collateral for the loan. The value of this property is around INR 70,00,000. - Business has an outstanding debt of INR 30,00,000 to INR 40,00,000 with an interest rate of 14% to 15%. The new loan won't be used as a top up.
8   Andhra Pradesh
Run Rate Sales
USD 71 thousand
EBITDA Margin
35 %
Business Loan
USD 59 K at 13%
Contact Business

Dentist Clinic Seeking Loan in Andhra Pradesh, India

Dental clinic in Ongole, receiving10 daily patients seeking funds to purchase additional dental equipment.
A dental clinic based in Ongole, Andhra Pradesh. - We provide complete dental diagnostic and treatment services. - Receive an average of 10 daily patients. - Have 2 doctors present at the clinic. - We are looking to expand our current clinic by purchasing more machines and equipment. - Also looking to begin providing beauty, cosmetic, weight reduction services. - We expect the number of patients to increase to 20 after these changes have been implemented. - The revenue was low last year due to the pandemic restrictions in the city. - The business has an outstanding loan of INR 7 lakh. - The business has a sole owner.
Dental clinic in Ongole, receiving10 daily patients seeking funds to purchase additional dental equipment.
7.1   Andhra Pradesh
Run Rate Sales
USD 25.5 thousand
EBITDA Margin
25 %
Business Loan
USD 29.5 K at 12%
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School Seeking Loan in Andhra Pradesh, India

Educational society with 2 English medium schools having over 2,100 students is looking to expand.
Educational society with 2 English medium schools under it, located in a district. - Our motto is to serve the public in rural areas by providing good quality education to students from rural backgrounds. - Conducts classes from nursery to 10th grade and is affiliated to the Board of Secondary Education of Andhra Pradesh. - We currently have over 2,100 students and more than 100 staff members with 5-15 years of expertise. - Have 100+ classrooms, 1 big library, 5 smart classrooms, 2 computer labs, and 2 science labs. - Provides lunch and hostel facilities to students. - Children's doctor and a pediatrician are available to provide medical consultation to students. - There is a good scope for expansion considering the demand from the local public and hence in this regard, we would like to construct additional buildings and improve the hostel facilities. - Business owned assets include school property, furniture, and equipment.
8.2   Andhra Pradesh
Run Rate Sales
USD 1.41 million
EBITDA Margin
20 - 30 %
Business Loan
USD 4.1 Mn at 10%
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IT Services Company Seeking Loan in Andhra Pradesh, India

Company aims to provide IT consulting, development and training services.
August 2018 established company based in Andhra Pradesh. - Company will provide IT consulting, development and training services. - We have a team of 3 who will provide training services to job seekers and students. - Promoter has 3 years of industry experience.
6.3   Andhra Pradesh
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 5.9 K at 10%
Contact Business
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    There are 6 active and verified businesses seeking loan in Nidadavolu listed on SMERGERS as of 14 December 2024.
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