Businesses Seeking Loan

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.

TVS, Bajaj and Royal Enfield parts distributor for 5 districts of Andra Pradesh. - Nearly 500 clients within this region. - 20 years of personal experience in 2-wheel parts distribution. - Exclusive territorial rights in 5 districts along the coastal region of Andra Pradesh. - Holds necessary licenses including GST and MSME. - Promoters bring in 30 years of experience. - Supply chain primarily focuses on B2B operations catering to retailers and showrooms. - Currently, the employee count is sufficient to manage operations due to our efficient management.

A business trading in air purifiers, based in Bangalore. - We purchase the air purifiers from a single manufacturer in USA. - Currently selling it directly to individual customers. We have setup a sales team that sell door-to-door. - We intend to begin selling to businesses - corporate offices and industrial factories. - We have a variety of purifiers which are very compact. The largest version is 1x1 feet. - Due to growing pollution we expect an increase in demand for our products across India. - Business is not yet profitable.

Business is involved in the trading of organic and natural products. - We trade organic food products, raw materials, essential oil, herb, and natural products. - Business was incorporated six years ago and started operations four years back. - We have catered to 100+ customers. - Our customer base is in the Middle East, Europe, USA and Asia. - We were affected by the pandemic last year and are seeking a loan to support the company in the export and import of our products.

Insurance agency operating for more than 6 years. - We offer risk management strategies, policy renewals, and claim tracking services to clients. - We are active in Oregon and Washington but 90% of our clients are from Oregon. - Handling more than 1,000 clients under the home, auto and business insurance. - Our clients are direct individual end-users. - We purchase running policies from insurance agents who are retiring and we continue that insurance. - Revenue is generated from the insurance policy commissions. - Promoter is in this field for more than 20 years and has in-depth experience. - Physical assets include computers, laptops and furniture.

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.