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Technology Businesses Seeking Loan in Saudi Arabia

Showing 1 - 1 of 1 Technology Businesses Seeking Loan in Saudi Arabia. Lend to a Technology, Tech, Hi-Tech, Software Company, Semiconductor, Semiconductor Equipment, Networking Equipment, Office Equipment, Electronic Equipment, Computer Hardware, Phone and Handheld Device, Household Electronic, Telecommunication or a Internet Business.

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IT Infrastructure Company Seeking Loan in Dammam, Saudi Arabia

Company involved in supply and installation of IoT devices for clients such as government agencies.
- Saudi-based IT services company with a division that supplies and installs Internet of Things (IoT) devices. - More than 50% of our revenue comes from the supply and installation of IoT devices. - Our clients include government agencies, multinational corporations, and real estate developers. - Have different agreements with our clients who pay us on a quarterly or annual basis. - We are working on a project to provide and install IoT devices in approximately 5,000 residential units. - We are a licensed agent and distributor for Life Smart Company in Saudi Arabia and other countries. - The company has also partnered with IT companies. - Have consistently grown with record sales in the last three months. - We are expected to sign contracts with many government agencies to supply and install IoT devices to save energy. - The promoter has experience of over 14 years in management and software development.
Company involved in supply and installation of IoT devices for clients such as government agencies.
9.3   Dammam
Run Rate Sales
USD 4 million
EBITDA Margin
30 %
Business Loan
USD 800 K at 15%
Contact Business

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