Finance Company Looking for Investment in Maharashtra
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It's a Private Limited Finance Company which was started in 2016 in Nagpur, Maharashtra. The promoter had Family Business of lending. The company has License from Maharashtra State for Financing. Presently it provides loan from small ticket size from 10,000 to 5 crores. The company gives Gadget and different Appliances loan, Loan against Gold, Car and Bike loans. They also provide loans to Small Size Companies and Mortgage loan. The Finance company provides loan from its own fund or through Banks and NBFC. The company has tie-up with 10 Banks and 3 NBFC. Presently the company is providing Loans to only Nagpur and they are getting requirement from different places in Maharashtra also. They are looking for expansion by partnering or any partner take its Franchise also as the company has License of lending in Maharashtra.
The last year turnover was INR 12 lakhs.
They are looking for investment of INR 10 lakhs for expansion.
Reason
Expansion
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₹10 to ₹200 Cr
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