Short-Term Lending Business Seeking Funding In Hyderabad
About Business
This is a financial services business focused on providing short-term loans on a daily, weekly, and monthly basis. The model caters mainly to individuals and small borrowers who need quick and flexible access to funds for their day-to-day needs.
Operations and Experience
The business has been running for over 12 years and has built a stable customer base over time. At present, around 700 customers are availing finance every month, reflecting steady demand and ongoing relationships with borrowers.
Revenue Model
Income is generated by charging around 3% per month on the funds provided. This structure has remained consistent and is well understood by the existing customer base.
Service Approach
The operations are managed offline, with direct interaction between the business and its customers. This has helped in maintaining trust, managing repayments closely, and ensuring smooth day-to-day functioning.
Location and Expansion Plan
The business is currently operating out of Hyderabad and is now looking to expand further across Telangana and Andhra Pradesh.
Growth Outlook
With an existing base and operating experience in place, the plan is to grow the number of customers and extend services into additional locations while continuing with the same model.
Investment Requirement
The business is seeking funding to increase its lending capacity and support expansion into new areas, allowing it to serve a larger customer base.
Clientele type
The primary clientele includes small business owners, self-employed individuals, and daily income earners who require quick, short-term financing for working capital and personal need
Premises
LEASED
Lease per month (in INR): 10.00 K
Security Deposit (in INR): 30.00 K
Carpet Area: 133 sq ft
Asking Price Includes
The terms of the transaction will be finalized through discussions with interested investors.
Asking Price
INR 10.00 L
Minimum ticket size
INR 5.00 L
Reason
The business is planning to expand across Telangana and Andhra Pradesh, and is therefore seeking funding support. While the overall requirement is higher, investors can participate with an initial investment in the range of INR 5 to 10 lakhs.
Keywords
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
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