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Business Development Manager, Balloon Ventures, VC Firm, Lira, Uganda

VC Firm in Lira Looking to Buyout Businesses Upto UGX 400 million


  • Name, Phone, Email
    Available after connect
  • Company
    Balloon Ventures
  • Professional Summary

    I work as a development manager in an investment company. We give businesses credit at a rate of 18% per annum.
    The loans start from UGX 50 million to UGX 400 million for first-time borrowers, our loan tenure is between 12 to 24 months.
    Our turnover days are between 5-10 days, and our uniqueness is post-investment support.

  • Corporate Profile
  • Transaction Preference
  • Investment Size
    Between 14 thousand - 110 thousand USD
  • Investment Criteria

    These are our requirements:
    - 12 months of bank statements from the previous 12 months from all business bank accounts.
    - Income & expense records from the previous 12 months.
    - Copies of all business registration and license documents.
    - CRB report for the company, the directors if not the company then the individuals.
    - Copies of proforma invoices, bills of quantities, design specifications, or plans, whichever applies to your investment plan.
    - Copies of sales agreements, rental agreements, or property title, whichever is applicable for any premises required for verification of ownership.
    - Investment plan with a clear breakdown of the intended expenditure.

  • Overall Rating
    8.1 / 10
    View Details
  • Local Time
    12:58 PM (Africa / Kampala)
  • Status
    Active
  • Sector Preference
  • Location Preference
  • Recent Activity
  • Preferences
    Industries25%202.0378153110049541.7026574113827958%218.61358246495618105.587271703542318%202.03781531100495134.29734258861728%173.59434875153437151.32653625855688%140.4595048360883152.3783659344368942%90.8604364906462472.43991025637784IndustriesElectronics StoresCoalIntegrated Oil and …Integrated Oil and GasOil & Gas Explorati…Oil & Gas Exploration and ProductionFreight & LogisticsOthers
    Locations100%155.00043125201.24999999892188LocationsSoroti
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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