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Web Based-Interim Financing

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Location

  • CityNot Disclosed
  • Province British Columbia
  • CountryCanada

Relocatable

Real Estate Included

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Web Based for the Non-Profit Sector.

Management
 Experienced and Successful Management Team based in Vancouver
 Term Sheet to go public on the TSX Venture.

Industry
 A suite of web based services exclusively for the non-profit and philanthropy sector which will benefit clients by reducing their operating costs and increase to access to funding.

Purpose
 Provide working capital for the company in order to get to the first private placement.

Investment
 Bridge Financing to December 31, 2009
 Minimum $50,000 and up to $250,000
 Rate of Return: 15% interest per annum; the company reserves the right to prepay the loan prior to the promissory note term (6 months) with unearned interest calculated at 5% per annum from date of payment to maturity.

Timeline
 Immediate

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