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Consumer Lending Business Investment Opportunities in Tamil Nadu

Showing 1 - 3 of 3 Consumer Lending Business Investment Opportunities in Tamil Nadu. Invest in a Consumer Lending, NBFC, Credit Card, Consumer Leasing, Credit Union, Microfinance or a Personal Loan Business.

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  • Tamil Nadu

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Microfinance Company Investment Opportunity in Salem, India

Microfinance company providing INR 25 lakh worth of loans every month seeks investment.
- Nidhi registered microfinance company providing loans to small businesses, personal loans, and emergency loans. - We have CoA, GST, MoA, Nidhi Certification. - Have distributed 120+ micro-loans to different businesses and individuals. - We do KYC and also collect cheques and bank statements as assurance from the business owners wherever possible. - On average, we are providing INR 25 lakh worth of loans every month. - We have 3 debt collection executive who also acts as agents. They work on a commission basis.
6.2   Salem
Run Rate Sales
USD 300 thousand
EBITDA Margin
20 %
Financial Investment
USD 120 K for 15%
Contact Business

Microfinance Business Investment Opportunity in Chennai, India

Micro finance company providing short term loans to small business owners, seeking funds for operations.
- A micro-finance company based in Chennai. - This is a new venture started by a group of companies involved in mobile app development, construction and other industries. - Regulatory approvals are in place. - We will be providing short term loans to small business owners, shopkeepers, auto and taxi drivers. - Business is still in the pre-revenue phase and will begin operations within the next 2 months. - We will be creating groups of 10 people that will have 1 group leader. Each member of the group is eligible for a loan between Rs. 15-30k and a repayment period of 12 - 24 months. - We have already setup 150 groups, and are ready to disburse the loans once funds are received. - Interest on loan would be between 20-23% p. a plus processing fee of Rs. 1,000 per loan disbursement. - The repayment of the loan taken will be done through per day installments. For example - repaying back Rs. 1,500 per day until x amount + interest is paid back. - The team leader ensures each individual of the team pays the loan back. If someone defaults then the rest of the team members must make up for that individual repayment for that particular day. - Field verification for each applicant would be done by our team before loan is approved by our credit managers. - Promoter is from finance background with more than 15 years of experience in managing investment portfolio, sales & marketing and developing HNI assets. - Locations that we have planned to start in the initial stage are - Salem, Coimbatore, Dharmapuri, Krishnagiri, Karaikudi, Ramanathapuram - All in Tamil Nadu. - Physical assets include the interior setup and equipment of the offices.
7.8   Chennai
Run Rate Sales
Nil
EBITDA Margin
Nil
Financial Investment
USD 360 K for 25%
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Personal Loans Company Investment Opportunity in Madurai, India

Newly licensed Nidhi company, seeking funds to start operations and setup offices in Chennai.
- We are a newly established Nidhi company, with license to provide mortgage and personal loan. - Have 32 members who have actively invested in the company, through which we are able to provide loans. - Company provides loans starting from 1 to 25 lakh INR, with a minimum tenure of 6 months to 5 years. - We have provided loans to 80 customers, who are individuals as well as businesses. We give out loan only through member's references and post KYC. - Our promoters and core members have more than 20 years of experience in banking sector. - Looking forward to expand our customer base by setting up more branches in towns of Madurai belt and setup operations in Chennai as well.
5.7   Madurai
Run Rate Sales
Nil
EBITDA Margin
Nil
Financial Investment
USD 600 K for 20%
Contact Business

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  • How many consumer lending business investment opportunities in Tamil Nadu are listed on SMERGERS?
    There are 3 active and verified consumer lending business investment opportunities in Tamil Nadu listed on SMERGERS as of 28 March 2024.
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