Businesses Seeking Loan

Operating in Port Moresby, this building contractor company is poised to enter the construction and building maintenance market, targeting both residential and commercial projects. - The company is in a pre-revenue phase but has identified strategic partnerships with local construction companies. - Two directors bring over ten years of extensive experience in the construction industry, offering a wealth of knowledge and leadership to the business. - The company is prepared to launch its marketing initiatives, aiming to secure and commence projects in the near future. - The firm is strategically located in a bustling urban center, potentially benefiting from the expanding construction demand in Port Moresby. - Business has IRC and IPA registrations.

Located in Vallapuzha, this business specializes in spices and flour production. - The company has established a strong distribution network, reaching over 500 retail shops and 10+ distributors across Kerala. - With a portfolio of 17 SKUs, the business primarily focuses on masala products under its own brand, ensuring consistent product quality. - Production capacity stands at 3-4 tons per day, balancing between daily and weekly supply schedules to meet market demands. - The operation is adequately staffed with 15 employees, supporting its manufacturing and distribution activities. - The business holds crucial certifications and registrations, including FSSAI and GST, reinforcing its compliance and credibility.

Located in Vallapuzha, this business specializes in spices and flour production. - The company has established a strong distribution network, reaching over 500 retail shops and 10+ distributors across Kerala. - With a portfolio of 17 SKUs, the business primarily focuses on masala products under its own brand, ensuring consistent product quality. - Production capacity stands at 3-4 tons per day, balancing between daily and weekly supply schedules to meet market demands. - The operation is adequately staffed with 15 employees, supporting its manufacturing and distribution activities. - The business holds crucial certifications and registrations, including FSSAI and GST, reinforcing its compliance and credibility.

The business is an IT support provider based in Lorengau, with operations primarily focused in the Province of Manus. - Serves a diverse client base, including individuals, small businesses, large corporations, government agencies, and non-profit organizations. It has established relationships with approximately 20 clients across the Province of Manus. - The company generates revenue through various models, including charging clients based on specific projects or deliverables, consulting fees for providing expertise & advice, software licensing, and ongoing support and maintenance contracts. - On average, the business serves 8-10 clients per month, with an average service fee of PGK 175 per hour. - The founder is an IT Support Tech bringing over 20 years of experience in the field, emphasizing the importance of building strong relationships with clients, partners, suppliers, and other stakeholders for the success of the business. - The company has been recognized with awards for innovation, customer satisfaction, technological advancements, and industry leadership, demonstrating its commitment to driving growth and innovation in the IT support sector. - The business needs 5 permanent employees to run the operations, which includes admin, management and support staff.

Business is an MVP of a hyperlocal super app that combines ride booking, food delivery, parcel services, and gamified rewards to empower local businesses and engage daily users. - We are a DPIIT-recognized startup with 50+ shopkeepers already onboarded in Rajpura. - We will offer services like rides, food, and parcel delivery with gamified rewards. - Revenue will be generated from scratch card sales, ads, and service commissions (the shopkeepers will pay us). - MVP is ready and we will launch within the next 2 months and run a 3 month pilot in Rajpura. - Complete in-house development of the app, the team has developed Android and an iOS app. - The founder has prior business experience and strong local partnerships. - Business has a Certificate of Incorporation and DPIIT Startup India recognition.

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.

Nidhi company operating in Obra. - We offer savings and loan products. - Have 900+ depositors who have savings accounts with us. - We currently sign up 30 new accounts every month. - Offer 6% interest for saving accounts and 9 - 12.5% for recurring deposit and fixed deposit accounts. - We have over INR 1 crore of deposits in our accounts which is undeployed. - We primarily offer secured loans of small ticket sizes at an annual interest rate of 15.95% to individuals. - Offer loans up to 3 times of the deposit amount to businesses at an annual interest rate of 16.6% - Offer short-term working capital loans at an interest rate of 20% - The current loan book is valued at INR 1.63 crores and consists of more than 830 loans. - The loan recovery rate is 80 to 85% and has been impacted by the pandemic. - We have more than 30 freelance sales executives who sell our financial products and are compensated with commissions. - We also have several clients in the Sonbhadra district of Uttar Pradesh. - The business is debt free and is run by a promoter with 10+ years of lending experience.