Staffing Businesses Seeking Loan in Bangalore

1. The staffing business is located in Bangalore and currently employs 1,800 individuals, providing staffing services primarily to clients in the industrial sector. 2. The business has secured long-term contracts with 10 clients, including notable companies such as Flipkart, Max, and Lifestyle warehouses. 3. Services offered by the business include providing a workforce for loading, unloading, and various management positions in the mentioned warehouses. 4. Business operates under 1 and 5-year contracts, indicating a stable and consistent revenue stream from its strong client base. 5. The company manages the distribution of contract payments and employee salaries, streamlining the staffing process for its clients. The business generates its revenue based on a commission cut from the salaries and sometimes from the contract fees paid by the busines owners. 6. The business holds a valid GST certificate and is compliant with tax filings, ensuring regulatory adherence and financial transparency. 7. The staffing services cater to a diverse range of roles, including loaders, unloaders, managers, HR personnel, and team leaders, reflecting the business's ability to provide comprehensive staffing solutions.

Staffing company founded in 2016 and established by experienced recruitment and HR professionals. - Incorporated as a private limited company in 2016. - Founder has 12+ years of industry experience. - Have an office in Kolkata, Bangalore and we are starting a new branch in Gurugram in a months' time. - Tie-ups with reputed companies for recruitment services. - Due to the pandemic the revenue has dropped.

Business works on both IT and Non-IT requirements with two separate teams. - IT clients are HCL, Mphasis, SLK Software, Every, Aris Global, Aveeksha, IEEE India, Manthan, AWPL etc. - Non-IT clients are Avis India, Aegis, Concentrix, Zamstars, Owl Tech and many other small companies in India. - Promoter has 14 years experience in recruitment prior starting the company and has been running the organisation for past 6 years alone.

Business works on both IT and Non-IT requirements with two separate teams. - IT clients are HCL, Mphasis, SLK Software, Every, Aris Global, Aveeksha, IEEE India, Manthan, AWPL etc. - Non-IT clients are Avis India, Aegis, Concentrix, Zamstars, Owl Tech and many other small companies in India. - Promoter has 14 years experience in recruitment prior starting the company and has been running the organisation for past 6 years alone.