Businesses Seeking Loan

We are a digital marketing agency and training center based in Jalna with more than 450 clients and 12 students. - Have 4 teachers working on an hourly basis to provide courses to students. - We are currently taking both online and offline classes. - Want to diversify our offerings and the idea is to teach complete website development, mobile app development and more programming courses from scratch so that students will get a chance to learn at an affordable cost from the best teachers. - There are some apps present in the market like WhiteHat Jr and Udemy that offer such courses online but our company will have competitive pricing and simplify the course selection process that other companies lack. We offer a wide range of topics under one course making the service affordable. - The company is owned by two partners and there is no debt associated with the firm. - Promoters have 6 years of experience in this field and developed the website themselves. They have some freelancing experience in this field and brought in most of the clients. - Our app is under development and with strong marketing, we aim to target and acquire 1 lakh students in the coming years.

Company specializing in manufacturing organic beauty products. - We produce products under our own brand name. - We primarily focus on hair care products. - Trademark registration is under process. - We cater to B2B clients and have 10 such clients at the moment. - Have the capacity to produce 1,000 bottles of hair products per day. - Company has a sole owner and does not have any liabilities.

Company specializing in manufacturing organic beauty products. - We produce products under our own brand name. - We primarily focus on hair care products. - Trademark registration is under process. - We cater to B2B clients and have 10 such clients at the moment. - Have the capacity to produce 1,000 bottles of hair products per day. - Company has a sole owner and does not have any liabilities.

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.

We have setup a poultry farm on a 2 acre land with 30,000 hens in Andhra Pradesh since 2016. - Our eggs and chickens are sold to wholesalers who distribute it in Assam and Manipur. - Promoters have 7 yrs of experience in poultry field and have good network of customers in North Eastern states. - Looking to renovate our farm and purchase poultry feed for the next 6 months.

We are retailers of computers, mobile and its accessories. - Listed on Amazon and Flipkart for online sales. - We also have tie up with 10 corporate clients. - We buy products directly from the company. Currently buying from 10 companies. - Founder has 20 years of experience.

We are a logistics startup with a growing base. - The promoter has pre-existing clients and has started the business with these clients. - The business provides only domestic services all over India. - Have a network of 65 members who will help with delivery. - Delivery done by our own people. - The mode of delivery will be based on the requirements of the clients. - Promoter has 20+ years of experience in the industry. - Business has incorporation, MOA, AOA, central KYC, and MSME certificates.

We are currently trading in bio waste power generator machinery. - Sell generators from 5 kVA to 50 kVA and sell around 2-3 small gen-sets and 1-2 large gen-sets monthly. - Now we are looking to produce and manufacture rapid degradation systems and medical sterilization machines. - We already have a prototype under process for the rapid degradation system which will be ready within the next 20 days. - The rapid degradation machine would be able to degrade up-to 1 ton of waste within 4 hours. This would help reduce the amount of waste material in landfills and other areas. - We are also looking to manufacture our own medical sterilization machines which would allow for rotation of the materials inside it in order to ensure all the equipment is sterilized. - Company's physical assets include land in the company's name.

Manufacturer and supplier of cleaning supplies like sanitizers, toilet and bathroom cleaners. - We have a retailer and distribution network with a strength of 4,000 - 5,000. - Our facility has a production capacity of 10,000 litres/monthly. - Run rate sales have risen slightly due to an increase in demand for sanitizers arising from the ongoing pandemic. - We have 10 fixed suppliers of chemicals. - The products are sold under our registered brand. - We have 1 - 2 sales executives assigned for offline sales of our product.