Serviced Apartments Seeking Loan in Toronto

We are an international student housing company. We provide our services to international students from India who wish to relocate to Toronto, Canada. - Our business model is to rent a house for 2,500$ from the property owner and sub rent it room by room for international students for 3,500$. From a single student, we make a revenue of 1,000$. - Our company is incorporated in Canada and is a private limited company, but we are a sole proprietorship in India. - One of the partners is handling business in Canada. - Planning to build a back-office team in Kochi, Kerala. - Currently, we have around 55 properties in Canada. Each property can accommodate 5-8 students. - There are 3 intakes every year and we acquire 25 properties every intake. - Our objective is to have a network of 200 homes all around Ontario by next year. - Our sales were reduced last year due to Covid. As the restrictions are reducing and colleges are re-opening, we expect to generate a high revenue every month.

We are an international student housing company. We provide our services to international students from India who wish to relocate to Toronto, Canada. - Our business model is to rent a house for 2,500$ from the property owner and sub rent it room by room for international students for 3,500$. From a single student, we make a revenue of 1,000$. - Our company is incorporated in Canada and is a private limited company, but we are a sole proprietorship in India. - One of the partners is handling business in Canada. - Planning to build a back-office team in Kochi, Kerala. - Currently, we have around 55 properties in Canada. Each property can accommodate 5-8 students. - There are 3 intakes every year and we acquire 25 properties every intake. - Our objective is to have a network of 200 homes all around Ontario by next year. - Our sales were reduced last year due to Covid. As the restrictions are reducing and colleges are re-opening, we expect to generate a high revenue every month.