Short Term Finance NBFC

Industry: BFSI

Sector: Financial Services

Business Description:

Established in 1994 as an NBFC, acquired by the current Management in 2014. Focused mainly on Short Term Finance (30-90 days), and lately ventured into Short Term Personal Loans. Concluded a sale of INR 1600Mn (US$ 22.8Mn) portfolio of supply chain loans to InCred. 100% ownership in Singapore based holding company. Professional management team from tier 1 educational institutes, with international experience.

Product Description:

• Supply Chain Finance: Anchor based Short term (30-90 days) B2B Finance ( OLX Partnership, IT Supply Chain) • Short duration personal loans (Fintech Collaborations)

State: Maharashtra

Business Type: Financial

Experience: 25-50 Years

Employee: 50-100 Employees

Verified By: ILO Consulting Services Private Limited

Revenue (US$ m): US$ 0.0 M - US$ 5.0 M

Opportunity Detail: Inviting Investment / Ready to sell business - Sell

Type of Transaction More than 50% acquisition

Asking Price US$ 5m

Reason for Sale The company is looking to divest, including a sale of the company.

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Transaction Type:	Inviting Investment / Ready to sell business - Sell
Country:	India
Employment:	50-100 Employees
Jobs Saved:	N/A