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Taxi Businesses Seeking Loan

Showing 1 - 8 of 8 Taxi Businesses Seeking Loan. Lend to a Taxi, Cab, Limo Service or a Limousine Business.

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Taxi Company Seeking Loan in Dhaka, Bangladesh

Application-based taxi service that has 25k+ downloads and completes 10-15 trips daily seeks a loan.
The market in Bangladesh for vehicle support is very catastrophic due to many middlemen. - Customers often have to face inflated rates. - Moreover, the driver's attitude towards customers is often very offensive. - Security is also an alarming concern because sometimes customers have to face robbery. - We have already proven our value to the customers in these issues where customers can rely on an affordable, comfortable, and secure ride along by using our services. - We have provided our services to more than 10k+ customers. - Among them, our repeat number of customers is 70%. - We have high demand in the market but a lack of logistics support. - At present we can provide 10-15 trips daily whereas we get requests for 35-40 trips. - By proper marketing & logistics we can accelerate it up to 100 trips daily. - We own 5 cars & 300 aggregate cars from different vendors. - If we can add 20-25 more cars to our service then we will be able to aggregate 1,000 cars across the country. - This is needed for our business's strategic growth and sustainability. - We charge 10% as commission from the drivers which we will be increasing after capturing a wider market. - Our application has received 25k+ downloads on the Google play store and Apple store. - The business has 400 drivers enlisted as of now out of which we have 200-250 drivers actively using our platform. - We offer very competitive prices in the market.
6.8   Dhaka
Run Rate Sales
USD 150 thousand
EBITDA Margin
0 - 10 %
Business Loan
USD 85 K at 6%
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Taxi Company Seeking Loan in Kolkata, India

Kolkata based business provides electric vehicles to corporate companies for employee transportation.
Our company is looking to provide eco-friendly electric cars to corporate companies for transporting employees. - Currently, we have 2 own diesel cars that we are looking to convert into electric vehicles. - Also, have a tie-up with a company who will provide us with 5 additional electric cars on lease. - We are in talks with a Japanese vehicle leasing company to provide us with clients for a commission. - Clients pay us a monthly lump-sum and we provide them with vehicles and drivers when required. - On a daily basis, we are travelling over 160 Km in total which would increase once we add more cars. - Promoter has been working in the field of passenger transportation since 2017. - Business has stopped temporarily due to the pandemic.
6.3   Kolkata
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 12 K at 8%
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Taxi Company Seeking Loan in Jaipur, India

Jaipur based electric cab service provider seeking capital to launch commercial operations.
Intend to offer electric cab services across Jaipur. - Rides can be booked through our own mobile application. - We intend to offer 2-wheeler, 3-wheeler, and 4-wheeler rides. - At present, we have acquired 50 electric 2 wheelers and signed up 200+ electric 3-wheeler drivers. - The mobile application has already been built but is yet to be hosted on the Google Play Store. - Have signed a contract with a British firm to set up several charging points across the city. - Have secured all the required clearances and permissions to begin operations. - Intend to begin 2-wheeler and 3-wheeler operations in a month's time. - Within 3 months of commercial launch, we intend to offer 4-wheeler services and also set up operations in Indore and Gurgaon. - Promoter team has successfully launched and managed 2 startup businesses in the past.
5.8   Jaipur
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 120 K at 15%
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Taxi Company Seeking Loan in Dhaka, Bangladesh

Unique carpool platform has just started is looking funds to market and expand.
We are an online carpool / ride share (with no commission from drivers / 100% earning goes to a driver from a specific ride) service that operates through a mobile app, double revenue income (Estimated) comparing current market competitor. The app has already been developed and we are looking to start operations before the end of the year. - We would not charge the driver partners any commission. - The app has already been developed and we are looking to start operations before the end of the year. - Currently have 50 registered users on our app out of which most are driver partners. - We are looking to focus on providing this service in Dhaka only initially and then expand to 64 other districts. - Focusing on driving revenue through advertisements. - Promoter is a software engineer with over 12 years of experience. - Company's physical assets are apps, laptops and furniture.
Unique carpool platform has just started is looking funds to market and expand.
6.8   Dhaka
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 43 K at 10%
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Taxi Company Seeking Loan in Jaipur, India

Company planning to provide online cab booking service seeks funding to kick start operations.
Company plans to launch an online taxi booking service covering 26 districts in Rajasthan in 4 - 6 months. - Additionally, we plan to provide ambulance booking services for emergencies. - The districts that we plan to cover are currently not supported by Ola and Uber. - Promoter is a retired army officer. - Company is in contact with up to 7,000 drivers and has received confirmation from more than 5,000 drivers. - We have 5-7 employees for customer support, and remaining employees work from home. - Platform development and application development are being outsourced. - Website is under development and will be available by next month. - Revenue model: 7% (excluding 5% charged by government) on taxi charges. We do not charge for ambulance booking services.
6.6   Jaipur
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 60 K at 11%
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Profitable Taxi Company Seeking Loan in Pune, India

Cab service providers for the B2B market in Pune, currently having 50 corporate clients.
A cab service business based in Pune, that started operations in 2018. - We cater only to the B2B market. - Have 50 corporate clients in Pune. - Our business owns 2 cabs. The other 15 cabs are on contract basis. - Drivers are provided along with the cabs. They are also on contract basis.
6.2   Pune
Run Rate Sales
USD 9 thousand
EBITDA Margin
30 - 40 %
Business Loan
USD 3 K at 10%
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Taxi Company Seeking Loan in Pune, India

Company is developing an app for providing taxi services needs funding to launch the app.
Company is developing an app for booking taxi including 15 more services like renting a car, inter city travel, carpool, driver on demand. - We are planning to launch the app by April, 2018. - The developers we are working with have a minimum of 5 years of experience. - We have already in talks with 500 cab owners who will soon be on-boarded. - The company will generate revenues by charging 15% commission for every ride. - We are also registered with Government Startup India.
6.8   Pune
Run Rate Sales
Nil
EBITDA Margin
15 %
Business Loan
USD 30 K at 20%
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Taxi Company Seeking Loan in Bangalore, India

We provide cab service to intercity public and Corporate clients, seeking loan for expansion.
We as of now have only one competitor. - We are in progress in building a technology for customers and Corporate's. - Have 80+ vehicles. - Business was in this line from 1999. - We are looking to expand in Bangalore, Mysore and Mumbai.
7.4   Bangalore
Run Rate Sales
USD 600 thousand
EBITDA Margin
10 %
Business Loan
USD 70 K at 19%
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    There are 8 active and verified taxi businesses seeking loan listed on SMERGERS as of 26 May 2024.
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