Businesses Seeking Loan

We are an architecture design firm also involved in interior designing for our clients. - Manufactures various interior design and decoration products from our own manufacturing unit in Coimbatore. - We procure raw materials from a local supplier. - Our production unit has 6 machines and has a capacity of manufacturing interior furnishings for up to 16 houses. - We need funds for our new interior decoration project of 120 villas in Coonoor. - Our clientele includes construction companies such as SLT Promoters and Jai Bharat Constructions. - Promoter has an experience of over 15 years in the field of interior designing and architecture.

We registered the company in 2018, after testing our operations model to sell fresh and processed vegetable products for 4 years. - Have funding tie up with a foreign collaborator to help in setting up state of the art production facility and supply chain management systems. - The current model uses contract farming for procuring vegetables. To counter the quality challenges of this model, we are planning to setup our own poly houses for growing vegetables. This would ensure we maintain and supply higher quality grade products. - Initial funding required is for three years, with an option to return this fund before the maturity period. - Seeking funds to setup poly houses. We have identified the land to be utilized for this. FDI restricts owners to invest in land and property, hence we are looking for a financial partner. - 4 promoters have cumulative experience of 100 years in agriculture and related activities.

We registered the company in 2018, after testing our operations model to sell fresh and processed vegetable products for 4 years. - Have funding tie up with a foreign collaborator to help in setting up state of the art production facility and supply chain management systems. - The current model uses contract farming for procuring vegetables. To counter the quality challenges of this model, we are planning to setup our own poly houses for growing vegetables. This would ensure we maintain and supply higher quality grade products. - Initial funding required is for three years, with an option to return this fund before the maturity period. - Seeking funds to setup poly houses. We have identified the land to be utilized for this. FDI restricts owners to invest in land and property, hence we are looking for a financial partner. - 4 promoters have cumulative experience of 100 years in agriculture and related activities.

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 are an international student housing company. We provide our services to international students from India who wish to relocate to Toronto, Canada. - Our business model is to rent a house for 2,500$ from the property owner and sub rent it room by room for international students for 3,500$. From a single student, we make a revenue of 1,000$. - Our company is incorporated in Canada and is a private limited company, but we are a sole proprietorship in India. - One of the partners is handling business in Canada. - Planning to build a back-office team in Kochi, Kerala. - Currently, we have around 55 properties in Canada. Each property can accommodate 5-8 students. - There are 3 intakes every year and we acquire 25 properties every intake. - Our objective is to have a network of 200 homes all around Ontario by next year. - Our sales were reduced last year due to Covid. As the restrictions are reducing and colleges are re-opening, we expect to generate a high revenue every month.

Start-up in the food industry of Dubai. We plan to be a food court management and cloud kitchens management company. - Ground work is completed. We have signed LoI with participating brands and signed rental agreements as well. - We will take food courts on lease from a mall on a revenue-share basis. - We take the shell & core, invest, and prepare operational kitchens that are ready for use by food brands. - This eliminates the need for CapEx by the food brands and they do not have to pay fixed rent. The food brands (tenants) will occupy the food court on a revenue share basis, they shall share 25% of the revenue with us. - The no CapEx and no fixed rental, will be factors that will attract food brands to our food courts. - 10% of the revenue will be paid to the mall as per the agreement and the rest 15% will be our revenue. - We shall repay the principal and interest from this 15% revenue over the next 5 years. - Our food courts will be in a mall with a strong footfall and have a famous anchor tenant. - The owner of this start-up has experience in the property leasing industry.

We are a newly formed company that provides residential landscaping and cleaning services in Louisville. Our business is just starting up and we already have 5 customers waiting for services. Business growth is guaranteed in the future for this new business. Seeking relocation to Baton Rouge Louisiana.

We are associated with leading banks, offering services to our clients by selling financial products like Car insurance, car loans and home loans. - We also buy and sell used cars. - Business can generate up to 10% healthy returns every month. - Founder has the industry experience of over 8 years founder being associated with leading financial institutions.

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.