Used Vehicle Loan Aggregation Biz Raising Funds In Thane
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About Business
Used Vehicle Loan Aggregation Business
Running loan aggregation business focused on used car and commercial vehicle financing.
Key Highlights
- Facilitates used vehicle loans through a network of leading banks and NBFCs.
- Associated with around 22 lending institutions.
- Has an operational office setup.
- Average monthly loan disbursement of around ₹7–8 Cr.
- Annual loan disbursement of approximately ₹80–90 Cr.
- Generates a net profit margin of around 1%.
- Existing lending relationships and an established operating setup.
Clientele type
The business caters to used vehicle dealers as well as direct customers seeking vehicle loans.
Premises
LEASED
Lease per month (in INR): 25.00 K
Security Deposit (in INR): 1.00 L
Carpet Area: 250 sq ft
Asking Price Includes
Fund Requirement
The business is looking to raise funds to support expansion and strengthen its working capital.
Key use of funds:
- Recruit additional staff to handle customer enquiries and loan processing.
- Expand office operations into rural and underserved markets where access to used vehicle loans is limited.
- Maintain a reserve fund for advance payouts to connected used car dealers and associates.
- Provide dealer/associate payouts of around 2% per ₹1 lakh of loan facilitated.
- Support overall business expansion and increase loan disbursement volumes.
Detailed funding requirements and the proposed structure can be discussed with potential investors during the meeting.
Asking Price
INR 5.00 Cr
Minimum ticket size
INR 3.00 Cr
Reason
Expansion is focused on rural and underserved areas where customers often face difficulty in securing used vehicle finance, including customers with limited documentation but a good CIBIL score.
Licenses
Udyam
More Details
The business has tie-ups with local used car dealers and facilitates vehicle loans for their customers, helping dealers receive payment from the lending institution once the vehicle sale is completed.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience
