Businesses Seeking Loan

1. The company is currently in the pre-revenue stage, with proof of concept (POC) and software development in progress. Hardware testing and dashboard trials are ongoing, indicating progress towards product readiness. 2. The business is focused on smart energy management solutions for retail and restaurants, leveraging IoT devices to optimize energy usage. This target market aligns with the company's goal to address energy efficiency needs in sectors such as restaurants and small hospitals. 3. The company's strategic plan includes the development of an AI system to analyze and optimize energy usage patterns of various appliances. This technology, coupled with their IoT hardware devices, positions the company at the forefront of energy efficiency solutions. 4. With potential energy savings ranging from 12% to 20%, the company's products offer a compelling value proposition to potential customers, enhancing their competitiveness in the market. 5. The company plans to outsource manufacturing, allowing it to focus on core competencies such as technology innovation and business development while leveraging external expertise for production.

The business operates in the clothing industry and is based in Lucknow. - It is known for offering a premium line of stylish and high-quality clothing for professionals, fashion enthusiasts, and discerning customers. - The business is currently engaged in supplying fabric for government tenders and is exploring the launch of a new vertical for printed t-shirts, trousers, and shirts. The business at the moment does not have any contracts and is focused on starting a new vertical. - The expansion plan includes the introduction of unisex designs, aiming to tap into a broader market segment. - With the potential to sell over 2,000 t-shirts in the first month, the business is poised for growth and market penetration. - To facilitate the new vertical, the business plans to import t-shirts from Bangladesh and rebrand them in Delhi, showcasing a strategic approach to product development and sourcing.

The business is located in Qatar, a country with a strong construction and infrastructure development sector, providing a favorable market for construction and maintenance services. - The business offers a range of contract-based services including plumbing, electricity, HVAC and MEP works, fire detection and protection, car park ventilation, staircase pressurization, manufacturing of kitchen equipment, and fabrication & erection of structural steel. - Currently, the business secures 2-3 contracts on a monthly basis, with potential for higher value contracts in the future, indicating a steady and growing client base. - At present, we have only 2 employees. Due to COVID-19, we had to let go of 30 employees, but we are now rehiring them on a contract basis. - Run rate sales have dropped because of fluctuations in project values and orders. - The owner seeks a loan to address current financial challenges and to support the expansion and growth of the business.

Highlights of the company which is 2 months old: Number of clients: In its initial phase, has successfully onboarded a growing number of clients, focusing on building a solid customer base. Revenue model: Currently leveraging introductory offers and competitive pricing to attract customers, with revenue primarily from booking fees, service charges, and commissions on travel services. Promoter experience: Founded by industry professionals with significant experience in travel management, tour operations, and customer service, despite the company’s newness. Business relationships: Established initial partnerships with key travel service providers including hotels, airlines, and local tour operators to ensure a wide range of offerings. Awards and recognitions: As a new entrant, the company is in the process of building its reputation and aims to earn industry accolades as it grows and establishes a track record of excellence.

High-quality consulting solutions startup with a focus on providing strategic insights, innovative solutions, and practical assistance to industrial and manufacturing companies across Portugal. - Additionally, the company is in the process of setting up a manufacturing plant and warehouse for wood & stainless steel products, with plans to engage in the trade of these products. Same clients can be utilized for both services. - The business is currently in the implementation phase and is gearing up to launch its operations in the near future. - It is noteworthy that both the consulting and manufacturing aspects will be under the same entity, with the current business registration covering both activities. - The business has projected an expected turnover of EUR 3 million in 5 years.

Insurance broker offering a wide variety of insurance products. - The company generates revenue through annual commission on annual premiums paid from insurers, with varying commission rates for different insurance products. - Notably, the company receives a 30% commission for motor insurance products, 20% for non-motor, and 10% for health insurance. - Company sells 65% of its policies to individuals and 35% to corporate and businesses, showcasing a balanced client base. - Certified and licensed by the Insurance Regulatory Commission of Sri Lanka (IRCSL) to whom we send our financial reports every quarter. - The owner has 27 years of experience in the insurance industry.

The business has a diverse range of products and services, which includes packaging and selling agriculture products like pulses, cereals, oil seeds, grains, and spices to both wholesale and retail segments. Additionally, they also operate a dairy farm. - With a team of 12 employees, the business has established relationships with about 16 suppliers and 40 buyers, indicating a strong network within the industry. The business also hires some contract workers as and when required. - Current packaging capacity of the business is approximately 150 KG packets of items, showcasing their operational capabilities. - The business is Udyam certified.