Businesses Seeking Loan

We are an EPC contracting company. - We undertake private as well as Govt. projects. - Have in house architects and designing team. - Have tie ups with 16 builders and 20 - 30 corporate clients. - Generate leads through our marketing team. - Promoter has 10 years of industry experience.

Mumbai-based distributorship business specializing in the distribution of water, soda, and cold drinks for a major brand. - Currently supplying its products to approximately 10,000 shops, restaurants, hotels, and other establishments in Mumbai. - The company is looking to diversify its product portfolio and expand into food and grain distribution, specifically focusing on products such as oil, ghee, rice, grains, flour leveraging its existing distribution network. - The business has secured contracts from major food manufacturers in Maharashtra.

Mumbai-based distributorship business specializing in the distribution of water, soda, and cold drinks for a major brand. - Currently supplying its products to approximately 10,000 shops, restaurants, hotels, and other establishments in Mumbai. - The company is looking to diversify its product portfolio and expand into food and grain distribution, specifically focusing on products such as oil, ghee, rice, grains, flour leveraging its existing distribution network. - The business has secured contracts from major food manufacturers in Maharashtra.

Our company specialises in manufacturing specialised precision competes for its clients in the aerospace industry. - We provide a wide range of custom machining services, including CNC milling, turning, grinding, mechanical component design, 3D printing, laser cutting & engraving. - Our production capacity is 3 Lakh components per day. - Company assets include machinery, website, client database, raw materials, and stock. - We recently took over an existing watch movement component manufacturing company along with running orders from reputed clients. - Both the promoters are qualified Mechanical Engineers and have substantial experience in the field of manufacturing. - Our revenue has soared to an all-time high due to a large influx of clients we have received. Currently, we possess purchase orders worth INR 10 crores that are yet to be fulfilled.

The idea to convert common areas into remarkable, intelligent settings is at the core of our purpose. - We are at the forefront of technical innovation, always looking to the future to bring customers the most cutting-edge smart home automation solutions. - Have completed around 10 projects. Have around 32 ongoing projects. - Have an in-house team that has developed this automation.

Planning to open multiple food carts and trucks across Gujarat. - Already procured a truck to begin operations. - Estimated revenue per month from one truck is approximately INR 1 lakh which will allow us to finance the loan interest payments easily (especially given the fact that we have 1 truck all set to launch) - Promoters have 15 years of experience in the food industry. - Obtained necessary licenses: GST, FSSAI, and company incorporation. - Cuisine will feature signature dishes from all states of India, curated to local tastes with a unique touch. - Plan to launch after securing funding. - Company owner travels between Kuwait and India for business reasons. - Scaling options include renting and buying additional trucks. - Future plans to expand operations to Bangalore.

The company is in the field of civil constriction and serves the Indian Railway and also contributes to some other central govt project aimed at infrastructure development in India. - It is run by a civil engineer with 12 years of experience in the industry. - We started operations 12 months ago and have already finished about 8 infrastructure projects as sub-contractors and are now commencing our railway construction project as a direct contractor. - The company has an LOA for the project in place with the Indian government. - Our company is recognized by the DPIIT.

A business operating a school, based in Thane, Maharashtra. - This is a CBSE school for KG to grade 5. Expect to have 30 new students for the new year. - We have 50 students enrolled with us. - Currently have 10 teachers at the school. - Average fee per student is Rs. 15,000 per year. - We are looking to further develop the school in order to accommodate more students. - Once construction is completed, we will be able to accommodate 1,000 students. We expect to finish construction by next year. - We will be introducing classes from 6th-12th once building is renovated. - We will also be developing facilities such as playground and swimming pool. - The educational trust that operates this school also runs a computer training institute. Investment will be only for the school and not for the computer training institute. - Operations began late last year, hence we did not generate much revenue for the previous year.

We are an NBFC company & have applied to RBI for change in status from NBFC to NBFC MFI. - The company was incorporated in Allahabad but after it was acquired by the current CEO, the headquarters was shifted to Gurgaon. - We are a microfinance company providing loans to women for income generating activity only. The business does not accept any deposits from their members. - We have disbursed up to 6,800 loans till date which amounts to nearly INR 15 crore. The business has over 2,900 registered members on the platform as of now. - Our average ticket size is between INR 25,000- 40,000 per customer. - We charge 26% of reducing interest on the loan which includes 1% processing fees. - Our EMI collection is conducted on a fortnightly /monthly basis. - We do KYC as per RBI norms and follow a JLG (Joint Liability Group) model while disbursing loans. The group size can range from 5 - 20 members. If one member defaults on the loan repayment, the entire group needs to bear its liability. - Besides that, we conduct a comprehensive background check which includes an inspection of the bank records, Aadhaar card, and PAN card. - We also conduct a physical verification check of the member's house, check their cash flow and annual income statement and consult the member's neighbours about their financial stability. - The business also conducts a credit check on their members through Equifax and Highmark and are planning to tie up with another Fintech company for credit evaluation. Owing to our comprehensive due diligence, the default rate on loans are very minimal at around 0.5%. - The CEO of the company is a Chartered Accountant with 10 years of experience in the finance sector. The COO has over 18 years of experience in the microfinance sector. - The business has been registered in Allahabad but we operate from a office in Gurgaon.