I would like to borrow $2,400,000 for 7 years 15% fixed rate to expand my 20 year old wireless construction and maintenance company. We work primarily with cell phone companies, also some utility, public safety, and broadcast entities. This loan will expand inventory/equipment, enhance training and consolidate debt. It will put us in a better position to take full advantage of the abundance of low hanging fruit in our industry and to sharpen what we already have in place to increase profitability. We had sales of 5.5 million last year and are projecting $7 million this year.
Once we have caught up with ourselves a bit and things are running smoother, the bigger vision is a reality show that will bear much eternal fruit. I would like to keep this simple and clean in the form of a loan but I am not completely opposed to equity if it were the right individual or organization who is on board with the vision to help people and see lives changed by God's transforming power. If this sounds like a possible fit, let's talk.
Therefore I tell you, whatever you ask for in prayer, believe that you have received it, and it will be yours.
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