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Accounting Firm Seeking Loan in Lisbon, Portugal

Accounting firm with over 180 clients needs funds to clear high-interest loan dues.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.1 million
Run Rate Sales USD 1.1 million
EBITDA Margin 55 %
Industries Accounting Firms
Locations  Lisbon
Local Time 9:48 PM Europe / Lisbon
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 110 thousand for 10.0% annual interest, 1 year (Native Currency: EUR 100,000)
Reason: Need funds for clearing a monthly payment for the high-interest bank loan.
Collateral Available: USD 110 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Business provides tax consultation, ITR filing, and portfolio management services to our clients.

- We have handled about 180 clients from the sports and medical sectors.

- The promoters are CPAs and have over 6 years of experience in the fields of taxation, secretarial compliance, and finance.

- The firm had recently cleared debt worth EUR 3.7 million which had a high-interest rate of 35% and has a pending business loan of EUR 0.3 million.

- Company is a sole proprietorship.

Products & Services Overview

Tax advisor, financial advisory, small business tax, accounting, and financial reporting.

Assets Overview

- We do not have any significant physical assets and the tangible we have are approximately worth EUR 3,000.

- For collateral, we have an apartment in Madeira Island with 350 square meters and the property value is EUR 1.3 million.

Facilities Overview

Depends the business and demand needs to facility supports.

Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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