Photo - Hired Purchase Transport Program
23044

Hired Purchase Transport Program - loan for business

Nigeria
Market: Transport
Stage of the project: Operating business

Date of last change: 06.11.2017
Min amount of loan
$  70.628
Estimated yield
5 % a year
0
Total required
$ 706.284
Rating
equalizer 172 from 1000
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Also this project:
- is looking for investment

Idea

This is an investment scheme for investors to partner with us in our business operations. We allow investors to buy units of cars into our fleet for a contract period of time.We run the cars and give returns to the investors for the contract period

Current Status

Private Limited Company

Market

Government
Public Sector
Bank
Individuals
Corporate Bodies

Problem or Opportunity

The problem I'm encountering as an entrepreneur is lack of funds to operate at maximum efficiency.

Competitors

ABC Transport
Ifesinachi Motors
Ekenedili Chukwu Transport
Cross Country

Advantages or differentiators

New
Innovative

Finance

I need a Venture Capital of $706,284.46USD

Loan terms

60 months

Interest rate, %

5

Business model

Private Partnership

Solution (product or service)

I am ready for Venture Capitalist to come into my business to achieve the aims and objective of my company.

Risks

High Cost of Doing Business
Drivers

Incubation/Acceleration programs accomplishment

Employment generation in the local area where the company operates

Won the competition and other awards

New Innovative Award
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Idea
Current Status
Market
Problem or Opportunity
Competitors
Advantages or differentiators
Finance
Financed earlier, $
Loan terms
Interest rate, %
Type of pledge
Pledge and assets
Business model
Solution (product or service)
Lead creditor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video