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Profitable Diagnostic Lab Seeking Loan in Houston, United States

Clinical site management organization in Texas with 50+ clients seeks business loan for expansion.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 150 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 40 %
Industries Diagnostic Labs
Locations  Houston
Local Time 2:59 AM America / Chicago
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 1.2 million for 8.0% annual interest, 5 years (Native Currency: USD 1,200,000)
Reason: For expansion and marketing. To start offering additional services. Valuation is based on our expa... View More
Collateral Available: USD 50 thousand
Includes physical assets worth USD 50 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

• Experienced diagnostic lab located in Houston, TX with 10 employees.

• Primary focus is providing site management for clinical studies with over 50 clients.

• Offering services such as generating clinical study leads, assisting throughout the clinical study, and handling all the documents and the clinical study budgets.

• Good growth rate with an indefinite number of investigators in the network to perform sponsored research.

• Established partnerships with pharmaceutical companies/cros to perform clinical research.

• Proven track record of success with over 50 clients.

• The next opportunities are to expand in the Middle East and EU region.

Products & Services Overview

Site management for clinical studies.

Generating clinical study leads.

Assisting throughout the clinical study.

Handling all the documents and the clinical study budgets.

Assets Overview

Technical equipment, devices, machines, phones, desks and chairs, remote allowances.

Facilities Overview

We are operating from an apartment that has been rented out in Humble, and our main employees are working remotely.

Capitalization Overview

The business was initially self-funded and now to expand our operations as there is a massive growth rate in the industry, we are seeking a loan. Business has a single owner.

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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