Commercial Loans Company Seeking Loan in Bondi Beach, Australia
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 2.6 million |
Run Rate Sales | USD 2.7 million |
EBITDA Margin | 40 % |
Industries | Commercial Loans + 1 more |
Locations | Bondi Beach |
Local Time | 5:17 AM Australia / Sydney |
Listed By | Business Owner / Director |
Status | Moderately Active |
We experienced ginormous growth throughout the Covid period and now looking to extend its product line through an initial debt raise of 10 million AUD to provide a proof of concept.
Following this we will then use a shell company that we have acquired from the ASX to list at a much higher market cap.
We are an aggregator of lenders and lendees.
Currently have 41 lenders and 4,300 borrowers.
We generate revenue from the commission and lending directly to clients (this makes a small portion of our revenue at the moment)
Business is operational in Australia and UK.
Built from 0 to 11 million in commissions AUD in 4 years with EBITDA exceeding 40%.
Business has high profit margins as we have fewer employees to manage the business. As a result, we can pay high-interest rates.
- Unsecured loans.
- Invoice factoring.
- Equipment finance.
- Secured business loans.
- Credit repair.
- The IP, tech, and key people for the company.
- Physical assets are office furniture and electronics.
Have a rented office space in Covent Garden and also another office in Double Bay Australia. Have two Australian premium addresses.
The business is completely self-funded by the CEO.
Business has a single owner.
No loans or liabilities on the company.
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Earlier than 15 daysBusiness Development Manager, Chicago Atlantic Group, Chicago, Financial Institution connected with the Business
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Earlier than 15 daysIndividual Investor, Bangalore, Financial Consultant connected with the Business