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Innovative Building Tech - Short Term Bridge Fin.

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Location

  • CityNot Disclosed
  • Province British Columbia
  • CountryCanada

Relocatable

Real Estate Included

Financials

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

Deal Terms

  • Business Is A Franchise?
  • Finders Fee Payable by Buyer?
  • Seller Financing Available?
  • Principals Only?
  • Willing To Co-Broker?

Interim financing required in advance of equity issue.

• British Columbia company established in 2001

• Company owns patents for innovative building system for residential and commercial construction of buildings

• Existing sales as well as numerous potential sales

• Financing would be secured by accounts receivable and work in progress

• Premium interest rate (suit to fit lender)

• Interest paid on maturity

• Term of 6 to 9 months

• Early pay-out interest penalty

Required:

Seeking $500,000 in bridge financing to provide working capital in advance of equity issue to be completed in 2010.

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