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Social Network Website Seeking Loan in Bucharest, Romania

Development and promotion of a social media site and application for millionaires, entrepreneurs, and investors.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Social Network Websites
Locations  Bucharest
Local Time 7:46 PM Europe / Bucharest
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.1 million for 20.0% annual interest, 10 years (Native Currency: EUR 1,000,000)
Reason: The reason is that we don't have the necessary money to develop the application and the site and we ... View More
Collateral Available: USD 0
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Business Overview

- Company developing a social media site and application for high-status people including millionaires, entrepreneurs, and investors.

- Business is a start-up and it has no history.

- But with proper promotion, the promoter's vision is that at least 100 customers per day will register in the first months: after 2 years it will reach over 500-1,000 customers per day.

- Business will generate sales through monthly, bi-annual, and annual subscriptions with packages ranging from EUR 200 to EUR 1,000.

Products & Services Overview

Development of websites and applications for high-status people.

Assets Overview

Assets are intangible because everything is online.

Facilities Overview

No physical presence since the whole business will be operated completely online.

Capitalization Overview

The business has no loans or debts at present.

The whole business is owned and managed only by the promoter.

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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