ISP Seeking Loan in Hyderabad, India

1. Class-C internet service provider for the residential segment located in Hyderabad.

2. Services include broadband services and internet leased line services.

3. Director has 10 years of experience in the ISP business as Area Manager in a Class-B ISP in Hyderabad.

4. Business initially started as a network services provider and changed its business model to ISP due to the growing sector.

5. Currently have 3,500+ active customers.

6. Average revenue per user is INR 540.

7. Currently serving only the residential segment, but plan to expand to corporate.

8. We have a manpower supplier that gives us contract labor as and when required.

- Broadband services.

- Internet leased line services (for the corporate segment - planned)

Fibre cable and equipment (worth INR 1.5 crore), modems, and servers.

Rented double room office in Chandanagar location in Hyderabad for a monthly rent if INR 17,500.

Funding with the director's funds and a bank loan.

2 directors (husband and wife) have an equal stake in the company.

The business has outstanding debt of INR 55 lakhs. There are no other liabilities.