Profitable Consumer Leasing Company Seeking Loan in Melbourne, Australia
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | USD 1 - 2 million |
Run Rate Sales | USD 1.6 million |
EBITDA Margin | 20 - 30 % |
Industries | Consumer Leasing + 1 more |
Locations | Melbourne |
Local Time | 8:12 PM Australia / Melbourne |
Listed By | Business Owner / Director |
Status | Active |
- Have proven the demand for our products in the residential rental market across Australia with over 1,000 renters using our products.
- We have lent almost AUD 1.2 million to Australian renters and are now looking to open new partnerships and increase marketing.
- The rental bond market is huge, and with increased cash flow burdens, the addressable market for a financial service in this sector is growing daily. In the eastern states of Australia alone, there are approximately 1 million bonds transacted per annum at an average of AUD 1.7k per bond.
- We are the market leader in providing financial assistance to Australian renters.
- Short-term finance to assist with payments of rental bonds.
- Short-term finance to give renters a "rental holiday"
- Connection of utilities for residential renters.
Introduction to car loan financiers.
We have intellectual property, cash from receivables and general goodwill in the marketplace.
Leased 50 sq ft office space in Melbourne, that will continue to act as operational headquarters.
- Funded from initial round of "family and friends" investment.
- Currently, 100% owned by founders - two partners who are old friends from school and know each other well.
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Earlier than 15 daysCEO, Lending & Broking, Australia, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Brisbane, Financial Consultant connected with the Business
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Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business