Businesses Seeking Loan in Tirupati

- Distributor of agricultural products and rayon tire cords. Business has been shut since 2018 because the owner was working at a government company. Require funding to restart operations. - Business is an IEC (Import Export Code) licence holder. - Promoter has contacts and friendly relations with over 25 domestic clients and 3 major suppliers. - When the business was operational, in 2017, we had a monthly turnover of INR 25 lakh and a profit margin of 10%. - Promoter has over 15 years of experience in this particular sector with excellent marketing and HR skills.

- Company provides a food delivery platform. - We have an Android and iOS app for the same. - Currently we have tie ups with 17 restaurants and we are constantly looking to add more and more restaurants. - We typically service 50 daily orders with the help of 3 member delivery team.

- We supply UPS and Battery to our clients and have served more than 150 clients. - Also supply machinery items to Govt clients like NARL, Airports and Railways. - Have 2 vendors for our business.

- Business has 25 villages in Andhra Pradesh where training is provided. - Has a tie up with an NGO which has 25 years of experience.

- 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.

- 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.

- Business will connect farmers with wholesalers. - Sales of the produce will happen online.