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Commercial Loans Company for Sale in Mumbai, India

For Sale: Maharashtra money lender with various collaborations offering loans to 50+ entities.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Commercial Loans + 1 more
Locations  Mumbai
Local Time 7:53 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 30 thousand (Native Currency: INR 2,500,000)
Reason: The owner cannot continue the business due to religious reasons.
Interested to connect with advisors
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Business Overview

- Holds a Maharashtra money lender license, enabling a wide range of financial services.

- Offers personal loans, home loans, mortgages, vehicle loans, gold loans, and various other types of loans and advances.

- Specialized in secured lending against vehicles, gold, bonds, and properties.

- Collaborations with banks, NBFCs, and other lenders for hassle-free financial arrangements. Arranges financial assistance for a variety of businesses, including tours and travels, textile manufacturing, garments, tourism, hotels, motels, resorts, quick service restaurants, restaurants and bars, wine shops, and more.

- Established customer base with 50+ clients during active operations.

- Crystal clear private ltd company title with no claims or litigation.

- Zero assets and zero liabilities, providing a clean financial slate for the buyer.

- Only 2 directors from the beginning, holding 100% stake, ensuring easy transfer.

- Name change option available for the buyer's preference.

- Authorized capital of INR 2 crores and paid-up capital of INR 75 lakhs.

- Temporarily stopped operations due to the owner's conversion to Islam.

- We do not need to be registered under SEBI and we do not require an RBI license.

- Promoters bring in a wealth of experience, boasting 20+ years in the industry.

- Possesses a Maharashtra money lender license to continue business operations.

- Holds an RTO certificate for the mortgage of vehicles, adding an extra layer of security and credibility.

Products & Services Overview

Maharashtra money lender offering personal loans, home loans, mortgages, vehicle loans, gold loans, and various other types of loans and advances.

Assets Overview

The business does not have any significant physical assets.

Facilities Overview

NA as we are not operational at the moment.

Capitalization Overview

Zero assets and zero liabilities for the company.

100% shareholding with 2 owners.

Family owned 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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