Coaching Centers Business Seeking Loan in Belagavi, India

The business creates proprietary study materials for coaching its students to ace JEE and NEET exams. The business conducts two batches for each preparation cycle with varying sizes at one office. The preparation cycle for each batch of JEE and NEET exams preparation is about 8 months long with 7 hours of classes every day. The business does not collect the fee from each student in one go. The business creates 4-5 instalments that students pay at fixed intervals of their respective preparation cycles. The average batch size of students varies from 37 to 150 students depending on the coaching centre. The business currently has 32+ students for JEE and NEET preparation for next year cycle. The revenue of the business fell previous year due to the inability to deliver physical classes and lack of interest of students towards online classes. However, the business has increased its revenue this year due to increased demand of online classes. The business requires this investment to build an online infrastructure to conduct classes, to enrol students of different grades and bring back the business to normalcy. The business is receiving enquiries from students of different states for JEE and NEET coaching leading to an increased demand to match with.