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Businesses Seeking Loan in Egypt

Showing 1 - 2 of 2 Businesses Seeking Loan in Egypt. Lend to a Business in Egypt.

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FinTech Business Seeking Loan in Cairo, Egypt

Micro-financing for patients to pay for medical services in installments specially for dermatology, dental and bariatrics.
Startup offers financial support to patients who undergo surgery related to dermatology, dental and bariatrics. When a patient visits a clinic, we make the entire payment for the surgery and then the patient pays us back in installments within 12 months. We have established tie-ups with clinics in Egypt who promote our service to the patients. Since we are a startup, we promote our brand and financial services through social media marketing and cold calls. We do not require any special regulatory approval / license to conduct our business activity. Before offering our financial support to a patient, we do a complete background verification and legal checks including income, bank balance, identity and address. We sign a legal agreement with each patient. Since inception, we have received enquiries from 100 patients of which 4 patients have used our financial service. We currently have 30 clinics in our network but our business has the potential to on-board more than 2,000 clinics. We are currently managing the entire operations manually and are in the process to develop a mobile app to streamline the operations. In order to generate revenue, patients as well as the clinics are charged 10-20% commission. In addition, clinics are also charged a yearly subscription fee. Our startup is yet to be registered. We are currently billing customers in the parent company's name. After raising funds, we would register the startup under a new legal entity. Founder of the business has 5 years of experience in software and healthcare industry. We have raised capital of more than USD 150K.
Micro-financing for patients to pay for medical services in installments specially for dermatology, dental and bariatrics.
8.1   Cairo
Run Rate Sales
USD 240 thousand
EBITDA Margin
30 %
Business Loan
USD 100 K at 12%
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Oil Equipment Company Seeking Loan in Suez, Egypt

Company provides solar-based systems on rental basis that complement diesel generators for oil producing wells.
- We are a company that provides solar-based systems on a rental basis to complement diesel generators used by oil & gas companies. - For the last 5 years we have been involved in the sale of solar systems and solar-powered equipment but we now plan to rent out solar energy units. - We seek to set up 12 solar energy units in variant capacities of 40 KW, 50 KW and 60 KW to rent out to oil production companies. - These would be used as an assisting energy source for diesel generators used in pumping. This would save around 30% of the oil production cost and is also green, maintenance-free, renewable & sustainable. - The target market is EGP 2.5 billion ($150,000,000), servable market is EGP 3.2 billion ($200,000,000) and the potential market is EGP 5.2 billion ($300,000,000). - We have a qualified team consisting of a petroleum engineer, 2 geologists, 2 electrical engineers, an accountant and 6 technicians. - Plan to hire 6 more people on the team including 3 electrical engineers and 3 technicians. - We have worked with all major listed oil & gas companies which amount to about 50 companies. - We plan to market our new vertical to these companies as well as to additional companies across Egypt. Eventually, we would look to grow internationally. - Promoter has more than 20 years of experience in the field of oil & gas including 6 years of experience at the head of this firm. - Was awarded the best Arabian Startup Company in Solar Energy Efficiency from Arabian League. - Feasibility study using solar energy in the oil field (attached)
Company provides solar-based systems on rental basis that complement diesel generators for oil producing wells.
7.5   Suez
Run Rate Sales
USD 60 thousand
EBITDA Margin
40 %
Business Loan
USD 120 K at 15%
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  • How many businesses seeking loan in Egypt are listed on SMERGERS?
    There are 2 active and verified businesses seeking loan in Egypt listed on SMERGERS as of 19 April 2024.
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