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Commercial Loans Company Seeking Loan in Bondi Beach, Australia

Lending aggregator business turning into lending model seeks funds for expansion.
This Business is on a Premium Plan
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
Overall Rating
Seeking Loan
USD 6.5 million for 20.0% annual interest, 1 year (Native Currency: AUD 10,000,000)
Reason: To do the initial proof of concept. Starting a new vertical in the same business. We will become a l... View More
Collateral Available: USD 18 million
Includes physical assets worth USD 200 thousand
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Business Overview

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.

Products & Services Overview

- Unsecured loans.

- Invoice factoring.

- Equipment finance.

- Secured business loans.

- Credit repair.

Assets Overview

- The IP, tech, and key people for the company.

- Physical assets are office furniture and electronics.

Facilities Overview

Have a rented office space in Covent Garden and also another office in Double Bay Australia. Have two Australian premium addresses.

Capitalization Overview

The business is completely self-funded by the CEO.

Business has a single owner.

No loans or liabilities on the company.

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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