Photo - Government Tender
22878

Government Tender - loan for business

India, West Bengal
Market: Internet and IT, Computers, office equipment, Consulting, Services
Stage of the project: Operating business

Date of last change: 10/31/2017
Min amount of loan
$  9.250
Estimated yield
11 % a year
0
Total required
$ 38.000
Rating
equalizer 96 from 1000
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Also this project:
- is looking for investment

Idea

Got and order to deliver manpower in a department of West Bengal Govt. Payment cycle and other details will be discussed. The investor will get 18% interest per year. Return will be given on every 3 months.

Current Status

Running and looking for investment for upcoming projects

Market

Government Tender

Problem or Opportunity

lack of investment of initial fund is the problem.

Competitors

Other IT companies

Advantages or differentiators

Big contacts and inter management facility

Finance

Funds will be used for the salary of the employees.

Loan terms

60 months

Interest rate, %

11

Solution (product or service)

Company is getting government projects/tenders. billing cycle is on every 2 months. But this a postpaid system. First we have to pay from our fund. Showing the bills, we can get the fund cleared from government

Risks

No such risk except delay in payment.
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Current Status
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Finance
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