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College Seeking Loan in Kurunegala, Sri Lanka

TVEC-registered higher education institute offering healthcare and management diplomas seeks debt funding.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 13 thousand
Run Rate Sales USD 10 thousand
EBITDA Margin 20 %
Industries Colleges
Locations  Kurunegala
Local Time 9:05 AM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 10 thousand for 13.5% annual interest, 3 years (Native Currency: LKR 3,000,000)
Reason: Business enhancement.
We want to start offering students bachelor's and master's programs as well.
Collateral Available: USD 7 thousand
Includes physical assets worth USD 27 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

- Higher education and vocational education institute that issues diplomas in healthcare and management.

- We are a Tertiary and Vocational Education Commission (TVEC) registered institute.

- Relationship and partnerships with a few foreign education partners.

- Student enrolment fluctuates throughout the year and it is between 100-150 students.

- Right now we have fewer students so the sales have been down.

- Won Best South Asian Excellence award for Education Leadership.

- Gatehouse awards, IDM, and a few more.

Products & Services Overview

Aged care education - for migrants and higher education in health care.

Export education - for people who explore export business.

Management - business management.

Languages - English, Japanese, and Chinese.

The course duration ranges from 3-6 months and each course has anywhere from about 20-30 students enrolled.

The students get a diploma upon graduation.

Assets Overview

Partitions, health care equipment, lab equipment, chairs, tables, projectors, awards, student chairs and tables.

Facilities Overview

We have one branch in Kurunegala, it has two floors and a built-up area of around 4,000 sqft. The branch has partitioned classrooms, and lab facilities, and is on rent.

There is another rented branch in Kandy with two floors and ample facilities.

Capitalization Overview

- There are no ongoing loans and we are bootstrapped.

- The business has two directors.

- We have been self-funded up till now and need external funds for marketing and to enhance business.

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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