Factoring Business for Sale in Karawang, Indonesia
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Other |
Reported Sales | USD 80 thousand |
Run Rate Sales | USD 80 thousand |
EBITDA Margin | 9 % |
Industries | Factoring |
Locations | Karawang |
Local Time | 5:13 PM Asia / Jakarta |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Our business operates in the field of conventional financing services in Karawang, Indonesia.
- Main product and service is cash-bon financing for employees, with 120 current clients.
- We are also expanding our financing services to farmer groups, with two groups of 10 members each.
- Team has experience in building relationships and references from previous teams.
- Our company is new and has not yet received any awards.
- We work together with the company’s Human Resources & Development (HRD) department to open up market functions.
- We have 10 employees and are looking to expand our services in the future.
Our best-selling service is cash-bon financing for employees who work in manufacturing, garment, and packaging companies. To do this, we work together with the company's HRD as partners to open market functions.
In our company the are only tangible assets in the form of money which is disbursed according to customer orders for cash loans and the capital ordered for farmer financing.
Our company has a rental facility with a built-up area of 72 m2 with 1 floor.
The business was funded by a joint venture from the team. After orders increased, we started communicating with investors, currently, there are 2 investors and 1 of them is from a corporation.
The largest share currently held by our team is 40%, 30% from individuals, and 10% from corporations.
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Earlier than 15 daysPersonal Assistant, Renewable Energy Power Generation, Singapore, Individual Investor / Buyer connected with the Business