Group Loan Providing Business Looking For Investments
Email
Phone
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LinkedIn
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Product / Service
Group loan
Clientele type
They are serving people who are not being served by banks, to provide loans to improve their lifestyle and poverty.
They currently have more than 240 clients.
Premises
They have no any office .They are working from home.
Asking Price Includes
The details of the transaction can be discussed with the promoter.
Reason
They have a very good client base for providing microloans. They can earn about 10 to 15% growth and profit every year.
Other Details
Business strength:-. There is a huge no. of customers who are not served by banks. They will serve these customers by providing them loan and micro-insurance.
In group loans, they can take a 28% interest rate. They have good experience of filed and area in Bihar.
Future scope:-
They have a very bright future for NBFC in Bihar. Presently about every Microfinance and NBFC earned a good income and increase portfolio growth of 10 to 15% every year.
Business Tags
₹10 to ₹200 Cr
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What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
