Businesses Seeking Loan

We are a two wheeler rental company with a permit to operate in Telangana. - Offer multiple packages to our clients ranging from 1 hour to two days. Our packages start at INR 200. - We have a customer base with over 10,000+ customers and have conducted over 10,000+ rides till date. - Prices charged depend on the vehicle that has been hired. We own a fleet of 25 motor bikes with scooters like TVS Jupiter and Activa Dio and bikes like Hornet, Avenger 220 and Pulsar. - Previously, we were tied up with another local partner to expand the size of the fleet but we terminated the agreement since the partner did not posses the correct licenses. - We have hired one delivery boy to deliver the bikes from the warehouse to the client's choice of pick-up point. - The run rate sales have slightly dropped due to the ongoing pandemic. - We have a registered trademark and logo and have launched our cloud based application on the Google Play Store. The application has been installed over 50,000+ times. We have a separate application for the delivery boys. - Business has an active Facebook page and we have undertaken paid advertising through Google Ads.

We provide manpower and staffing services for skilled and unskilled labor. We also facilitate staffing solutions for central government projects. - Company was operational as a proprietary firm in 2013 and now we have registered as a private limited firm. - Have received work orders for two central government projects which require funds for covering infrastructure and operational costs. - First project is for developing a job portal for government's IT department and second project is to create an online platform for legal documents, which users can download for a fee. These platforms will facilitate companies which are directly working under government's IT department. We will get paid on transaction basis which is yet to be finalized.

Our firm manufactures healthy food and snacks with low fat and sugar content. - We use only branded raw material. - Company is FSSAI certified with Trademark. - Website design is under process. - We would also make customized food for patients, who have no time to cook healthy food for family, who have diabetics, Vitamin B deficiency, acidity, cholesterol and other health problems. - We are in the branding and testing phase currently. We are preparing to advertise on social media.

Pet shop in North Kolkata. - The store provides a wide variety of pet foods and pet wellness products. - We get about 250+ monthly customers. - We advertise through platforms like Just dial and Instagram. - Debt-free sole proprietorship.

Distributor of Industrial machinery for 4 brands to clients across multiple sectors. - We have over 65,000 clients all over India. - Our clients are from various industries such as food processing mills, footwear manufacturers, garment manufacturers, and paper plate manufacturers. - We are an ISO 9001: 2015 certified company under the provision of industrial machinery supplies. - Promoter has over 8 years of experience in industrial machinery wholesale. - Business is a sole proprietorship. - The promoter has taken a business loan of INR 5 lakhs.

We have started this organization, in order to provide the best microfinance services to cater for the financial needs (under the JLG/individual model) of the underprivileged & unbanked section of our society. - Currently, we are working as an NPA recovery partner of four reputed NBFCs (Hinduja, Muthoot, Reliance Capital & Chola) for Jharkhand, Bihar & West Bengal states and BC (Business Correspondent) partner for MSME & JLG business with three reputed NBFCs (Arthmate Financing India, Avanti Finance & Clix Capital). - Established in the middle of last year, but started our operation as an NPA recovery partner from December onward & as a BC partner 6 months ago. - Presently we are having a tie-up with Arthmate Financing India Private Limited for Jharkhand & Odisha states for MSME loans. Right now, we have two branches with Arthmate. These are at Ranchi & Pakur. - We need to open 15 more branches at the mentioned two states to provide services of Arthmate. Currently, we are having AUM (Asset Under Management) of INR 0.17 Cr with Arthmate. We have recently started working as BC partners for JLG loans of Avanti Finance (a TATA group company). Initially, Avanti has allowed us for three districts of Jharkhand. These are East Signbhum, West Singhbhum & Seraikela Kharsawan. They have allocated three more districts (Gumla, Khunti & Pakur) of Jharkhand. We are going to open 5 more branches with Avanti within this month. Based on their initial allocation, we have opened 6 branches in the mentioned geography, these are Seraikela, Chandil, Hata, Chaibasa, Chakradharpur & Jagannathpur. As of now, we have having AUM of INR 6.86 Cr with Avanti Finance. - Revenue model: We get paid on a profit-sharing basis from the interest collected. The NBFCs charge a 27% interest of which we get half of the interest received. - Most of our branches were recently opened and we now have 10 different branches with a total of 64 employees. Most of the staff are customer service officers and are overseen by the branch managers. - Being a Core team member & key managerial person (KMP) of this organization, the promoter has over a decade of sound experience from different NBFC-MFIs, across the country. - Our other core team members also have 12 to 15 years of average experience in the Financial Sector. We are going to be associated with a few more organizations (like Arohan, Annapurna, Samunnati etc) soon. - We are following 100% cashless collection & triple level verification before disbursement. Considering the situation, to enhance our business and open new branches across the country, we need at least a working capital of Rs- 1.5 Cr- 2 Cr.